YEARLY HIGH
0.1462 JOD
YEARLY LOW
0.1053 JOD
YEARLY AVERAGE
0.1321 JOD

2024 BRL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1462. Conversely, the yearly low was recorded on December 25, dropping to 0.1053.

This high-to-low spread represents a total annual volatility of 0.0409 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1445 to the December average rate of 0.1159, the exchange rate registered a net change of -19.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1462 was down 2.53% compared to the 2023 peak of 0.1500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 3,655 JOD
2023 Average 3,553 JOD
Yearly Trough Low 2,633 JOD
Transaction Impact: A difference of 1,021.48 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1474
0.1130
JanuMarcMayJulySeptNove

BRL 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 0.1395, compared to 0.1246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.1395
H2 Avg (Jul–Dec) 0.1246

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0137 JOD (High: 0.1191 / Low: 0.1053). On the other end, February was the most stable month, with a tight range of 0.0023 JOD (High: 0.1443 / Low: 0.1419).

December Spread (Volatile) ±0.0137
February Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0066 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1445) against the same month in 2023 (average: 0.1368), the exchange rate shifted by +0.0077 (+5.66%).

2024 Avg (January) 0.1445
2023 Avg (January) 0.1368

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1462 0.1422 0.1445
February 0.1443 0.1419 0.1428
March 0.1436 0.1409 0.1422
April 0.1415 0.1340 0.1383
May 0.1397 0.1351 0.1380
June 0.1351 0.1267 0.1314
July 0.1308 0.1249 0.1279
August 0.1310 0.1232 0.1276
September 0.1306 0.1250 0.1279
October 0.1306 0.1225 0.1261
November 0.1249 0.1179 0.1222
December 0.1191 0.1053 0.1159