2024 CAD to JOD Historical Review

YEARLY HIGH

0.5358 JOD

YEARLY LOW

0.4905 JOD

YEARLY AVERAGE

0.5175 JOD

2024 CAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5358. Conversely, the yearly low was recorded on December 18, dropping to 0.4905.

This high-to-low spread represents a total annual volatility of 0.0453 JOD. From a start-to-finish perspective, comparing the January average rate of 0.5287 to the December average rate of 0.4973, the exchange rate registered a net change of -5.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5358 was down 0.95% compared to the 2023 peak of 0.5409, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,679 JOD

2023 Average 2,627 JOD

Yearly Trough Low 2,453 JOD

Transaction Impact: A difference of 226.28 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5319

0.4942

JanuMarcMayJulySeptNove

CAD 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 0.5219, compared to 0.5130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.5219

H2 Avg (Jul–Dec) 0.5130

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0165 JOD (High: 0.5270 / Low: 0.5105). On the other end, May was the most stable month, with a tight range of 0.0053 JOD (High: 0.5213 / Low: 0.5160).

August Spread (Volatile) ±0.0165

May Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.0098 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5287) against the same month in 2023 (average: 0.5286), the exchange rate shifted by +0.0001 (+0.02%).

2024 Avg (January) 0.5287

2023 Avg (January) 0.5286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5358	0.5245	0.5287
February	0.5299	0.5222	0.5255
March	0.5269	0.5203	0.5235
April	0.5242	0.5128	0.5181
May	0.5213	0.5160	0.5186
June	0.5205	0.5145	0.5171
July	0.5205	0.5114	0.5168
August	0.5270	0.5105	0.5186
September	0.5281	0.5207	0.5231
October	0.5252	0.5089	0.5151
November	0.5125	0.5029	0.5072
December	0.5060	0.4905	0.4973