2024 BMD to JOD Historical Review

YEARLY HIGH

0.7096 JOD

YEARLY LOW

0.7085 JOD

YEARLY AVERAGE

0.7089 JOD

2024 BMD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7096. Conversely, the yearly low was recorded on October 13, dropping to 0.7085.

This high-to-low spread represents a total annual volatility of 0.0011 JOD. From a start-to-finish perspective, comparing the January average rate of 0.7094 to the December average rate of 0.7092, 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 0.7096 was down 0.07% compared to the 2023 peak of 0.7101, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,548 JOD

2023 Average 3,546 JOD

Yearly Trough Low 3,543 JOD

Transaction Impact: A difference of 5.50 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7095

0.7086

JanuMarcMayJulySeptNove

BMD 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 0.7090, compared to 0.7089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.7090

H2 Avg (Jul–Dec) 0.7089

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0008 JOD (High: 0.7093 / Low: 0.7085). On the other end, July was the most stable month, with a tight range of 0.0001 JOD (High: 0.7088 / Low: 0.7087).

October Spread (Volatile) ±0.0008

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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7094) against the same month in 2023 (average: 0.7094), the exchange rate shifted by +0.0000 (+0.00%).

2024 Avg (January) 0.7094

2023 Avg (January) 0.7094

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7096	0.7092	0.7094
February	0.7092	0.7090	0.7091
March	0.7090	0.7089	0.7089
April	0.7089	0.7087	0.7088
May	0.7089	0.7087	0.7088
June	0.7089	0.7087	0.7088
July	0.7088	0.7087	0.7087
August	0.7088	0.7085	0.7087
September	0.7087	0.7085	0.7087
October	0.7093	0.7085	0.7088
November	0.7094	0.7091	0.7092
December	0.7094	0.7091	0.7092