YEARLY HIGH
0.0128 JOD
YEARLY LOW
0.0119 JOD
YEARLY AVERAGE
0.0124 JOD

2024 PHP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0128. Conversely, the yearly low was recorded on December 18, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0009 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0127 to the December average rate of 0.0121, the exchange rate registered a net change of -4.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0128 was down 3.10% compared to the 2023 peak of 0.0132, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 3,202 JOD
2023 Average 3,189 JOD
Yearly Trough Low 2,984 JOD
Transaction Impact: A difference of 218.35 JOD purely based on transaction execution date.

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0.0127
0.0120
JanuMarcMayJulySeptNove

PHP 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 0.0125, compared to 0.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0125
H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0005 JOD (High: 0.0126 / Low: 0.0121). On the other end, June was the most stable month, with a tight range of 0.0001 JOD (High: 0.0121 / Low: 0.0120).

October Spread (Volatile) Âą0.0005
June Spread (Stable) Âą0.0001

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 September and October, 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: 0.0127) against the same month in 2023 (average: 0.0129), the exchange rate shifted by -0.0002 (-1.84%).

2024 Avg (January) 0.0127
2023 Avg (January) 0.0129

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Month High Low Average
January 0.0128 0.0126 0.0127
February 0.0127 0.0126 0.0127
March 0.0128 0.0126 0.0127
April 0.0126 0.0123 0.0124
May 0.0124 0.0121 0.0123
June 0.0121 0.0120 0.0121
July 0.0122 0.0121 0.0121
August 0.0126 0.0122 0.0124
September 0.0128 0.0125 0.0126
October 0.0126 0.0121 0.0123
November 0.0122 0.0120 0.0121
December 0.0123 0.0119 0.0121