2024 BAM to JOD Historical Review

YEARLY HIGH

0.4061 JOD

YEARLY LOW

0.3764 JOD

YEARLY AVERAGE

0.3923 JOD

2024 BAM to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.4061. Conversely, the yearly low was recorded on December 20, dropping to 0.3764.

This high-to-low spread represents a total annual volatility of 0.0297 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3959 to the December average rate of 0.3800, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4061 was down 0.49% compared to the 2023 peak of 0.4081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,031 JOD

2023 Average 1,962 JOD

Yearly Trough Low 1,882 JOD

Transaction Impact: A difference of 148.69 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4049

0.3778

JanuMarcMayJulySeptNove

BAM 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 0.3920, compared to 0.3926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.3920

H2 Avg (Jul–Dec) 0.3926

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0177 JOD (High: 0.3954 / Low: 0.3778). On the other end, March was the most stable month, with a tight range of 0.0058 JOD (High: 0.3967 / Low: 0.3910).

November Spread (Volatile) ±0.0177

March Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0093 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3989) against the same month in 2023 (average: 0.3951), the exchange rate shifted by +0.0039 (+0.98%).

2024 Avg (August) 0.3989

2023 Avg (August) 0.3951

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4008	0.3927	0.3959
February	0.3946	0.3883	0.3915
March	0.3967	0.3910	0.3940
April	0.3940	0.3852	0.3890
May	0.3949	0.3866	0.3917
June	0.3947	0.3871	0.3901
July	0.3963	0.3884	0.3932
August	0.4061	0.3911	0.3989
September	0.4055	0.3992	0.4026
October	0.4021	0.3908	0.3949
November	0.3954	0.3778	0.3856
December	0.3838	0.3764	0.3800