YEARLY HIGH
0.2628 JOD
YEARLY LOW
0.2619 JOD
YEARLY AVERAGE
0.2624 JOD

2023 XCD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.2628. Conversely, the yearly low was recorded on August 21, dropping to 0.2619.

This high-to-low spread represents a total annual volatility of 0.0009 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2625 to the December average rate of 0.2625, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2628 was down 0.01% compared to the 2022 peak of 0.2628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,314 JOD
2022 Average 1,312 JOD
Yearly Trough Low 1,310 JOD
Transaction Impact: A difference of 4.26 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2626
0.2619
JanuMarcMayJulySeptNove

XCD 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 0.2625, compared to 0.2623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2625
H2 Avg (Jul–Dec) 0.2623

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0007 JOD (High: 0.2626 / Low: 0.2620). On the other end, April was the most stable month, with a tight range of 0.0000 JOD (High: 0.2625 / Low: 0.2625).

September Spread (Volatile) ±0.0007
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2625) against the same month in 2022 (average: 0.2624), the exchange rate shifted by +0.0002 (+0.07%).

2023 Avg (March) 0.2625
2022 Avg (March) 0.2624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2627 0.2625 0.2625
February 0.2627 0.2625 0.2625
March 0.2628 0.2625 0.2625
April 0.2625 0.2625 0.2625
May 0.2625 0.2625 0.2625
June 0.2625 0.2625 0.2625
July 0.2625 0.2620 0.2624
August 0.2621 0.2619 0.2620
September 0.2626 0.2620 0.2622
October 0.2626 0.2624 0.2625
November 0.2626 0.2625 0.2625
December 0.2626 0.2625 0.2625