YEARLY HIGH
0.9712 JOD
YEARLY LOW
0.9285 JOD
YEARLY AVERAGE
0.9466 JOD

2023 XDR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.9712. Conversely, the yearly low was recorded on October 1, dropping to 0.9285.

This high-to-low spread represents a total annual volatility of 0.0428 JOD. From a start-to-finish perspective, comparing the January average rate of 0.9531 to the December average rate of 0.9461, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9712 was down 3.09% compared to the 2022 peak of 1.0021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,856 JOD
2022 Average 4,862 JOD
Yearly Trough Low 4,642 JOD
Transaction Impact: A difference of 213.77 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9601
0.9291
JanuMarcMayJulySeptNove

XDR 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 0.9514, compared to 0.9418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.9514
H2 Avg (Jul–Dec) 0.9418

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0219 JOD (High: 0.9629 / Low: 0.9410). On the other end, October was the most stable month, with a tight range of 0.0088 JOD (High: 0.9373 / Low: 0.9285).

February Spread (Volatile) ±0.0219
October Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0083 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.9575) against the same month in 2022 (average: 0.9816), the exchange rate shifted by -0.0241 (-2.45%).

2023 Avg (April) 0.9575
2022 Avg (April) 0.9816

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9591 0.9409 0.9531
February 0.9629 0.9410 0.9502
March 0.9556 0.9407 0.9467
April 0.9712 0.9530 0.9575
May 0.9604 0.9448 0.9540
June 0.9573 0.9409 0.9468
July 0.9611 0.9432 0.9530
August 0.9580 0.9388 0.9452
September 0.9431 0.9285 0.9369
October 0.9373 0.9285 0.9317
November 0.9474 0.9299 0.9379
December 0.9524 0.9368 0.9461