2024 CVE to JOD Historical Review

YEARLY HIGH

0.0072 JOD

YEARLY LOW

0.0067 JOD

YEARLY AVERAGE

0.0070 JOD

2024 CVE to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0072. Conversely, the yearly low was recorded on December 20, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0005 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0067, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0072 was down 0.63% compared to the 2023 peak of 0.0072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36 JOD

2023 Average 35 JOD

Yearly Trough Low 33 JOD

Transaction Impact: A difference of 2.59 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0072

0.0067

JanuMarcMayJulySeptNove

CVE 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 0.0069, compared to 0.0070 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) 0.0069

H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0003 JOD (High: 0.0070 / Low: 0.0067). On the other end, February was the most stable month, with a tight range of 0.0001 JOD (High: 0.0070 / Low: 0.0069).

November Spread (Volatile) ±0.0003

February Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0071) against the same month in 2023 (average: 0.0070), the exchange rate shifted by +0.0001 (+0.89%).

2024 Avg (August) 0.0071

2023 Avg (August) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0071	0.0070	0.0070
February	0.0070	0.0069	0.0069
March	0.0070	0.0069	0.0070
April	0.0070	0.0068	0.0069
May	0.0070	0.0068	0.0069
June	0.0070	0.0069	0.0069
July	0.0070	0.0069	0.0070
August	0.0072	0.0069	0.0071
September	0.0072	0.0071	0.0071
October	0.0071	0.0069	0.0070
November	0.0070	0.0067	0.0068
December	0.0068	0.0067	0.0067