YEARLY HIGH
0.3548 JOD
YEARLY LOW
0.3486 JOD
YEARLY AVERAGE
0.3518 JOD

2024 BZD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.3548. Conversely, the yearly low was recorded on February 4, dropping to 0.3486.

This high-to-low spread represents a total annual volatility of 0.0061 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3520 to the December average rate of 0.3525, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3548 was down 0.67% compared to the 2023 peak of 0.3572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,774 JOD
2023 Average 1,760 JOD
Yearly Trough Low 1,743 JOD
Transaction Impact: A difference of 30.71 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3526
0.3513
JanuMarcMayJulySeptNove

BZD 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 0.3518, compared to 0.3518 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) 0.3518
H2 Avg (Jul–Dec) 0.3518

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0042 JOD (High: 0.3548 / Low: 0.3506). On the other end, July was the most stable month, with a tight range of 0.0013 JOD (High: 0.3526 / Low: 0.3513).

August Spread (Volatile) ±0.0042
July Spread (Stable) ±0.0013

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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3519) against the same month in 2023 (average: 0.3512), the exchange rate shifted by +0.0007 (+0.19%).

2024 Avg (August) 0.3519
2023 Avg (August) 0.3512

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3529 0.3510 0.3520
February 0.3525 0.3486 0.3517
March 0.3533 0.3508 0.3519
April 0.3526 0.3507 0.3518
May 0.3535 0.3513 0.3518
June 0.3525 0.3493 0.3516
July 0.3526 0.3513 0.3517
August 0.3548 0.3506 0.3519
September 0.3525 0.3510 0.3515
October 0.3520 0.3501 0.3514
November 0.3534 0.3498 0.3517
December 0.3543 0.3514 0.3525