YEARLY HIGH
0.0190 JOD
YEARLY LOW
0.0177 JOD
YEARLY AVERAGE
0.0183 JOD

2023 UYU to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 0.0190. Conversely, the yearly low was recorded on December 17, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0013 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0180 to the December average rate of 0.0181, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0190 was up 2.62% compared to the 2022 peak of 0.0185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 UYU based on timing:

Yearly Peak High 95 JOD
2022 Average 86 JOD
Yearly Trough Low 88 JOD
Transaction Impact: A difference of 6.29 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0188
0.0178
JanuMarcMayJulySeptNove

UYU to JOD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0182, compared to 0.0183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0182
H2 Avg (Jul–Dec) 0.0183

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0007 JOD (High: 0.0189 / Low: 0.0182). On the other end, May was the most stable month, with a tight range of 0.0002 JOD (High: 0.0184 / Low: 0.0181).

June Spread (Volatile) ±0.0007
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0187) against the same month in 2022 (average: 0.0173), the exchange rate shifted by +0.0014 (+8.16%).

2023 Avg (July) 0.0187
2022 Avg (July) 0.0173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0184 0.0177 0.0180
February 0.0184 0.0179 0.0182
March 0.0183 0.0179 0.0181
April 0.0185 0.0182 0.0183
May 0.0184 0.0181 0.0182
June 0.0189 0.0182 0.0185
July 0.0190 0.0186 0.0187
August 0.0189 0.0185 0.0187
September 0.0188 0.0184 0.0186
October 0.0184 0.0177 0.0179
November 0.0181 0.0177 0.0179
December 0.0182 0.0177 0.0181