YEARLY HIGH
0.2632 JOD
YEARLY LOW
0.2533 JOD
YEARLY AVERAGE
0.2597 JOD

2023 WST to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.2632. Conversely, the yearly low was recorded on December 19, dropping to 0.2533.

This high-to-low spread represents a total annual volatility of 0.0099 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2630 to the December average rate of 0.2534, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2632 was down 4.27% compared to the 2022 peak of 0.2750, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,316 JOD
2022 Average 1,326 JOD
Yearly Trough Low 1,267 JOD
Transaction Impact: A difference of 49.59 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2640
0.2524
JanuMarcMayJulySeptNove

WST 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 0.2616, compared to 0.2577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.2616
H2 Avg (Jul–Dec) 0.2577

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0077 JOD (High: 0.2611 / Low: 0.2533). On the other end, April was the most stable month, with a tight range of 0.0000 JOD (High: 0.2603 / Low: 0.2602).

October Spread (Volatile) ±0.0077
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0047 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2629) against the same month in 2022 (average: 0.2712), the exchange rate shifted by -0.0083 (-3.04%).

2023 Avg (March) 0.2629
2022 Avg (March) 0.2712

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2632 0.2629 0.2630
February 0.2632 0.2630 0.2630
March 0.2632 0.2603 0.2629
April 0.2603 0.2602 0.2603
May 0.2603 0.2602 0.2603
June 0.2603 0.2602 0.2603
July 0.2608 0.2601 0.2603
August 0.2605 0.2604 0.2604
September 0.2611 0.2604 0.2607
October 0.2611 0.2533 0.2580
November 0.2535 0.2533 0.2533
December 0.2534 0.2533 0.2534