2024 EUR to JOD Historical Review

YEARLY HIGH

0.7939 JOD

YEARLY LOW

0.7340 JOD

YEARLY AVERAGE

0.7672 JOD

2024 EUR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.7939. Conversely, the yearly low was recorded on December 31, dropping to 0.7340.

This high-to-low spread represents a total annual volatility of 0.0599 JOD. From a start-to-finish perspective, comparing the January average rate of 0.7740 to the December average rate of 0.7427, the exchange rate registered a net change of -4.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7939 was down 0.45% compared to the 2023 peak of 0.7975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,970 JOD

2023 Average 3,838 JOD

Yearly Trough Low 3,670 JOD

Transaction Impact: A difference of 299.54 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7918

0.7383

JanuMarcMayJulySeptNove

EUR 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 0.7666, compared to 0.7678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.7666

H2 Avg (Jul–Dec) 0.7678

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0366 JOD (High: 0.7753 / Low: 0.7387). On the other end, March was the most stable month, with a tight range of 0.0115 JOD (High: 0.7764 / Low: 0.7650).

November Spread (Volatile) ±0.0366

March Spread (Stable) ±0.0115

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 0.0186 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.7813) against the same month in 2023 (average: 0.7724), the exchange rate shifted by +0.0089 (+1.15%).

2024 Avg (August) 0.7813

2023 Avg (August) 0.7724

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7832	0.7663	0.7740
February	0.7712	0.7593	0.7654
March	0.7764	0.7650	0.7707
April	0.7700	0.7527	0.7600
May	0.7719	0.7596	0.7665
June	0.7732	0.7569	0.7628
July	0.7754	0.7610	0.7693
August	0.7939	0.7644	0.7813
September	0.7931	0.7803	0.7874
October	0.7841	0.7643	0.7724
November	0.7753	0.7387	0.7538
December	0.7508	0.7340	0.7427