YEARLY HIGH
0.3956 JOD
YEARLY LOW
0.3932 JOD
YEARLY AVERAGE
0.3936 JOD

2024 AWG to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.3956. Conversely, the yearly low was recorded on August 15, dropping to 0.3932.

This high-to-low spread represents a total annual volatility of 0.0024 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3938 to the December average rate of 0.3940, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3956 was down 1.41% compared to the 2023 peak of 0.4012, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,978 JOD
2023 Average 1,969 JOD
Yearly Trough Low 1,966 JOD
Transaction Impact: A difference of 12.13 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3940
0.3934
JanuMarcMayJulySeptNove

AWG 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 0.3936, compared to 0.3937 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) 0.3936
H2 Avg (Jul–Dec) 0.3937

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0022 JOD (High: 0.3956 / Low: 0.3934). On the other end, September was the most stable month, with a tight range of 0.0005 JOD (High: 0.3937 / Low: 0.3932).

November Spread (Volatile) ±0.0022
September Spread (Stable) ±0.0005

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 February and March, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.3938) against the same month in 2023 (average: 0.3948), the exchange rate shifted by -0.0009 (-0.23%).

2024 Avg (November) 0.3938
2023 Avg (November) 0.3948

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3942 0.3933 0.3938
February 0.3940 0.3933 0.3937
March 0.3938 0.3933 0.3935
April 0.3938 0.3932 0.3936
May 0.3938 0.3932 0.3935
June 0.3938 0.3932 0.3935
July 0.3937 0.3932 0.3935
August 0.3938 0.3932 0.3936
September 0.3937 0.3932 0.3935
October 0.3940 0.3932 0.3936
November 0.3956 0.3934 0.3938
December 0.3941 0.3934 0.3940