2024 BND to JOD Historical Review

YEARLY HIGH

0.5531 JOD

YEARLY LOW

0.5193 JOD

YEARLY AVERAGE

0.5307 JOD

2024 BND to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.5531. Conversely, the yearly low was recorded on May 1, dropping to 0.5193.

This high-to-low spread represents a total annual volatility of 0.0338 JOD. From a start-to-finish perspective, comparing the January average rate of 0.5314 to the December average rate of 0.5254, the exchange rate registered a net change of -1.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5531 was up 1.84% compared to the 2023 peak of 0.5431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,765 JOD

2023 Average 2,642 JOD

Yearly Trough Low 2,596 JOD

Transaction Impact: A difference of 168.89 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5490

0.5203

JanuMarcMayJulySeptNove

BND 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 0.5265, compared to 0.5348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.5265

H2 Avg (Jul–Dec) 0.5348

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0161 JOD (High: 0.5509 / Low: 0.5348). On the other end, June was the most stable month, with a tight range of 0.0047 JOD (High: 0.5269 / Low: 0.5221).

October Spread (Volatile) ±0.0161

June Spread (Stable) ±0.0047

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 0.0102 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5466) against the same month in 2023 (average: 0.5202), the exchange rate shifted by +0.0265 (+5.09%).

2024 Avg (September) 0.5466

2023 Avg (September) 0.5202

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5363	0.5279	0.5314
February	0.5310	0.5253	0.5273
March	0.5330	0.5247	0.5288
April	0.5268	0.5194	0.5227
May	0.5288	0.5193	0.5246
June	0.5269	0.5221	0.5243
July	0.5293	0.5216	0.5264
August	0.5460	0.5301	0.5387
September	0.5531	0.5412	0.5466
October	0.5509	0.5348	0.5410
November	0.5386	0.5255	0.5307
December	0.5303	0.5202	0.5254