YEARLY HIGH
0.1932 JOD
YEARLY LOW
0.1929 JOD
YEARLY AVERAGE
0.1930 JOD

2024 AED to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1932. Conversely, the yearly low was recorded on October 13, dropping to 0.1929.

This high-to-low spread represents a total annual volatility of 0.0003 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1932 to the December average rate of 0.1931, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1932 was down 0.07% compared to the 2023 peak of 0.1933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 966 JOD
2023 Average 966 JOD
Yearly Trough Low 964 JOD
Transaction Impact: A difference of 1.55 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1932
0.1929
JanuMarcMayJulySeptNove

AED 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 0.1930, compared to 0.1930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1930
H2 Avg (Jul–Dec) 0.1930

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0002 JOD (High: 0.1931 / Low: 0.1929). On the other end, July was the most stable month, with a tight range of 0.0000 JOD (High: 0.1930 / Low: 0.1929).

October Spread (Volatile) ±0.0002
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1932) against the same month in 2023 (average: 0.1931), the exchange rate shifted by +0.0000 (+0.00%).

2024 Avg (January) 0.1932
2023 Avg (January) 0.1931

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1932 0.1931 0.1932
February 0.1931 0.1930 0.1931
March 0.1930 0.1930 0.1930
April 0.1930 0.1930 0.1930
May 0.1930 0.1929 0.1930
June 0.1930 0.1929 0.1930
July 0.1930 0.1929 0.1930
August 0.1930 0.1929 0.1930
September 0.1930 0.1929 0.1929
October 0.1931 0.1929 0.1930
November 0.1931 0.1931 0.1931
December 0.1931 0.1931 0.1931