2024 ETB to JOD Historical Review

YEARLY HIGH

0.0127 JOD

YEARLY LOW

0.0055 JOD

YEARLY AVERAGE

0.0098 JOD

2024 ETB to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0127. Conversely, the yearly low was recorded on December 31, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0071 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0126 to the December average rate of 0.0056, the exchange rate registered a net change of -55.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0127 was down 5.08% compared to the 2023 peak of 0.0134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63 JOD

2023 Average 65 JOD

Yearly Trough Low 28 JOD

Transaction Impact: A difference of 35.74 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0133

0.0049

JanuMarcMayJulySeptNove

ETB 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 0.0125, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0125

H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0030 JOD (High: 0.0124 / Low: 0.0094). On the other end, May was the most stable month, with a tight range of 0.0001 JOD (High: 0.0124 / Low: 0.0123).

July Spread (Volatile) ±0.0030

May 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 July and August, when the average rate fell by 0.0052 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0126) against the same month in 2023 (average: 0.0132), the exchange rate shifted by -0.0007 (-4.94%).

2024 Avg (January) 0.0126

2023 Avg (January) 0.0132

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0127	0.0125	0.0126
February	0.0126	0.0124	0.0125
March	0.0126	0.0125	0.0125
April	0.0125	0.0123	0.0125
May	0.0124	0.0123	0.0124
June	0.0124	0.0123	0.0123
July	0.0124	0.0094	0.0122
August	0.0090	0.0063	0.0070
September	0.0064	0.0059	0.0061
October	0.0060	0.0058	0.0059
November	0.0059	0.0056	0.0058
December	0.0057	0.0055	0.0056