2024 BWP to JOD Historical Review

YEARLY HIGH

0.0544 JOD

YEARLY LOW

0.0499 JOD

YEARLY AVERAGE

0.0523 JOD

2024 BWP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0544. Conversely, the yearly low was recorded on May 1, dropping to 0.0499.

This high-to-low spread represents a total annual volatility of 0.0045 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0522 to the December average rate of 0.0517, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0544 was down 3.08% compared to the 2023 peak of 0.0562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 272 JOD

2023 Average 266 JOD

Yearly Trough Low 249 JOD

Transaction Impact: A difference of 22.63 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0537

0.0514

JanuMarcMayJulySeptNove

BWP 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 0.0519, compared to 0.0527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0519

H2 Avg (Jul–Dec) 0.0527

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0027 JOD (High: 0.0526 / Low: 0.0499). On the other end, March was the most stable month, with a tight range of 0.0009 JOD (High: 0.0524 / Low: 0.0515).

May Spread (Volatile) ±0.0027

March Spread (Stable) ±0.0009

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0535) against the same month in 2023 (average: 0.0519), the exchange rate shifted by +0.0016 (+3.06%).

2024 Avg (September) 0.0535

2023 Avg (September) 0.0519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0531	0.0517	0.0522
February	0.0524	0.0514	0.0517
March	0.0524	0.0515	0.0519
April	0.0523	0.0499	0.0515
May	0.0526	0.0499	0.0521
June	0.0526	0.0512	0.0520
July	0.0528	0.0518	0.0523
August	0.0535	0.0521	0.0528
September	0.0544	0.0528	0.0535
October	0.0543	0.0528	0.0532
November	0.0534	0.0517	0.0524
December	0.0525	0.0508	0.0517