2024 BGN to JOD Historical Review

YEARLY HIGH

0.4059 JOD

YEARLY LOW

0.3759 JOD

YEARLY AVERAGE

0.3922 JOD

2024 BGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.4059. Conversely, the yearly low was recorded on December 19, dropping to 0.3759.

This high-to-low spread represents a total annual volatility of 0.0299 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3957 to the December average rate of 0.3798, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4059 was down 0.50% compared to the 2023 peak of 0.4079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,029 JOD

2023 Average 1,962 JOD

Yearly Trough Low 1,880 JOD

Transaction Impact: A difference of 149.63 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4048

0.3775

JanuMarcMayJulySeptNove

BGN 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 0.3919, compared to 0.3925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.3919

H2 Avg (Jul–Dec) 0.3925

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0185 JOD (High: 0.3961 / Low: 0.3776). On the other end, February was the most stable month, with a tight range of 0.0057 JOD (High: 0.3943 / Low: 0.3886).

November Spread (Volatile) ±0.0185

February Spread (Stable) ±0.0057

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 0.0095 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3994) against the same month in 2023 (average: 0.3949), the exchange rate shifted by +0.0046 (+1.15%).

2024 Avg (August) 0.3994

2023 Avg (August) 0.3949

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4005	0.3925	0.3957
February	0.3943	0.3886	0.3913
March	0.3968	0.3910	0.3940
April	0.3940	0.3849	0.3886
May	0.3948	0.3866	0.3919
June	0.3950	0.3870	0.3900
July	0.3961	0.3891	0.3932
August	0.4059	0.3910	0.3994
September	0.4052	0.3990	0.4025
October	0.4011	0.3907	0.3949
November	0.3961	0.3776	0.3853
December	0.3838	0.3759	0.3798