YEARLY HIGH
0.3548 JOD
YEARLY LOW
0.3543 JOD
YEARLY AVERAGE
0.3545 JOD

2024 BBD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3548. Conversely, the yearly low was recorded on October 13, dropping to 0.3543.

This high-to-low spread represents a total annual volatility of 0.0005 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3547 to the December average rate of 0.3546, 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 0.3548 was down 0.07% compared to the 2023 peak of 0.3550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,774 JOD
2023 Average 1,773 JOD
Yearly Trough Low 1,771 JOD
Transaction Impact: A difference of 2.75 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3548
0.3543
JanuMarcMayJulySeptNove

BBD 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 0.3545, compared to 0.3544 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) 0.3545
H2 Avg (Jul–Dec) 0.3544

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0004 JOD (High: 0.3547 / Low: 0.3543). On the other end, July was the most stable month, with a tight range of 0.0000 JOD (High: 0.3544 / Low: 0.3543).

October Spread (Volatile) ±0.0004
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 0.0002 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: 0.3547) against the same month in 2023 (average: 0.3547), the exchange rate shifted by +0.0000 (+0.00%).

2024 Avg (January) 0.3547
2023 Avg (January) 0.3547

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3548 0.3546 0.3547
February 0.3546 0.3545 0.3545
March 0.3545 0.3544 0.3545
April 0.3544 0.3543 0.3544
May 0.3544 0.3543 0.3544
June 0.3544 0.3543 0.3544
July 0.3544 0.3543 0.3544
August 0.3544 0.3543 0.3544
September 0.3543 0.3543 0.3543
October 0.3547 0.3543 0.3544
November 0.3547 0.3545 0.3546
December 0.3547 0.3545 0.3546