YEARLY HIGH
0.4174 JOD
YEARLY LOW
0.4156 JOD
YEARLY AVERAGE
0.4170 JOD

2024 AZN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4174. Conversely, the yearly low was recorded on April 12, dropping to 0.4156.

This high-to-low spread represents a total annual volatility of 0.0018 JOD. From a start-to-finish perspective, comparing the January average rate of 0.4172 to the December average rate of 0.4172, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4174 was down 0.07% compared to the 2023 peak of 0.4177, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,087 JOD
2023 Average 2,086 JOD
Yearly Trough Low 2,078 JOD
Transaction Impact: A difference of 8.94 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4173
0.4168
JanuMarcMayJulySeptNove

AZN 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 0.4170, compared to 0.4170 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) 0.4170
H2 Avg (Jul–Dec) 0.4170

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0014 JOD (High: 0.4174 / Low: 0.4160). On the other end, July was the most stable month, with a tight range of 0.0001 JOD (High: 0.4169 / Low: 0.4169).

January Spread (Volatile) ±0.0014
July Spread (Stable) ±0.0001

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 (January 2024: 0.4172) against the same month in 2023 (average: 0.4173), the exchange rate shifted by -0.0001 (-0.02%).

2024 Avg (January) 0.4172
2023 Avg (January) 0.4173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4174 0.4160 0.4172
February 0.4172 0.4171 0.4171
March 0.4171 0.4157 0.4169
April 0.4170 0.4156 0.4168
May 0.4170 0.4169 0.4170
June 0.4170 0.4169 0.4169
July 0.4169 0.4169 0.4169
August 0.4169 0.4168 0.4169
September 0.4169 0.4168 0.4169
October 0.4172 0.4168 0.4169
November 0.4173 0.4171 0.4172
December 0.4173 0.4171 0.4172