2024 EGP to JOD Historical Review

YEARLY HIGH

0.0231 JOD

YEARLY LOW

0.0139 JOD

YEARLY AVERAGE

0.0161 JOD

2024 EGP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0231. Conversely, the yearly low was recorded on December 23, dropping to 0.0139.

This high-to-low spread represents a total annual volatility of 0.0092 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0230 to the December average rate of 0.0140, the exchange rate registered a net change of -38.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0231 was down 19.61% compared to the 2023 peak of 0.0287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 115 JOD

2023 Average 116 JOD

Yearly Trough Low 69 JOD

Transaction Impact: A difference of 46.04 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0239

0.0131

JanuMarcMayJulySeptNove

EGP 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 0.0178, compared to 0.0145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0178

H2 Avg (Jul–Dec) 0.0145

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0087 JOD (High: 0.0230 / Low: 0.0143). On the other end, September was the most stable month, with a tight range of 0.0001 JOD (High: 0.0147 / Low: 0.0146).

March Spread (Volatile) ±0.0087

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0068 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0230) against the same month in 2023 (average: 0.0249), the exchange rate shifted by -0.0019 (-7.74%).

2024 Avg (January) 0.0230

2023 Avg (January) 0.0249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0231	0.0229	0.0230
February	0.0230	0.0227	0.0229
March	0.0230	0.0143	0.0161
April	0.0150	0.0146	0.0148
May	0.0152	0.0148	0.0150
June	0.0151	0.0146	0.0149
July	0.0148	0.0146	0.0147
August	0.0146	0.0144	0.0145
September	0.0147	0.0146	0.0146
October	0.0147	0.0145	0.0146
November	0.0145	0.0143	0.0144
December	0.0143	0.0139	0.0140