YEARLY HIGH
0.1011 JOD
YEARLY LOW
0.0972 JOD
YEARLY AVERAGE
0.0988 JOD

2024 CNY to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.1011. Conversely, the yearly low was recorded on December 29, dropping to 0.0972.

This high-to-low spread represents a total annual volatility of 0.0039 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0998 to the December average rate of 0.0974, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1011 was down 4.46% compared to the 2023 peak of 0.1058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,527 JOD
2023 Average 2,508 JOD
Yearly Trough Low 2,429 JOD
Transaction Impact: A difference of 98.64 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1005
0.0971
JanuMarcMayJulySeptNove

CNY 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 0.0988, compared to 0.0988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0988
H2 Avg (Jul–Dec) 0.0988

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0024 JOD (High: 0.0999 / Low: 0.0975). On the other end, December was the most stable month, with a tight range of 0.0008 JOD (High: 0.0979 / Low: 0.0972).

June Spread (Volatile) ±0.0024
December Spread (Stable) ±0.0008

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 October and November, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1002) against the same month in 2023 (average: 0.0972), the exchange rate shifted by +0.0030 (+3.09%).

2024 Avg (September) 0.1002
2023 Avg (September) 0.0972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1002 0.0986 0.0998
February 0.0999 0.0985 0.0991
March 0.0994 0.0981 0.0985
April 0.1000 0.0978 0.0981
May 0.1002 0.0979 0.0989
June 0.0999 0.0975 0.0982
July 0.0993 0.0974 0.0977
August 0.0999 0.0978 0.0992
September 0.1011 0.0995 0.1002
October 0.1010 0.0994 0.1000
November 0.0999 0.0979 0.0984
December 0.0979 0.0972 0.0974