2024 BOB to JOD Historical Review

YEARLY HIGH

0.1035 JOD

YEARLY LOW

0.1017 JOD

YEARLY AVERAGE

0.1026 JOD

2024 BOB to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.1035. Conversely, the yearly low was recorded on February 4, dropping to 0.1017.

This high-to-low spread represents a total annual volatility of 0.0018 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1027 to the December average rate of 0.1026, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1035 was down 0.68% compared to the 2023 peak of 0.1042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 517 JOD

2023 Average 513 JOD

Yearly Trough Low 508 JOD

Transaction Impact: A difference of 8.97 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1027

0.1024

JanuMarcMayJulySeptNove

BOB 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 0.1026, compared to 0.1025 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) 0.1026

H2 Avg (Jul–Dec) 0.1025

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0013 JOD (High: 0.1035 / Low: 0.1022). On the other end, July was the most stable month, with a tight range of 0.0004 JOD (High: 0.1029 / Low: 0.1025).

August Spread (Volatile) ±0.0013

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1026) against the same month in 2023 (average: 0.1025), the exchange rate shifted by +0.0002 (+0.17%).

2024 Avg (August) 0.1026

2023 Avg (August) 0.1025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1029	0.1024	0.1027
February	0.1028	0.1017	0.1026
March	0.1030	0.1022	0.1026
April	0.1027	0.1019	0.1024
May	0.1031	0.1024	0.1026
June	0.1028	0.1019	0.1026
July	0.1029	0.1025	0.1026
August	0.1035	0.1022	0.1026
September	0.1028	0.1021	0.1025
October	0.1027	0.1021	0.1024
November	0.1031	0.1018	0.1025
December	0.1031	0.1023	0.1026