YEARLY HIGH
0.3246 JOD
YEARLY LOW
0.3048 JOD
YEARLY AVERAGE
0.3152 JOD

2024 FJD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.3246. Conversely, the yearly low was recorded on December 31, dropping to 0.3048.

This high-to-low spread represents a total annual volatility of 0.0198 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3177 to the December average rate of 0.3074, the exchange rate registered a net change of -3.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3246 was down 1.53% compared to the 2023 peak of 0.3296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,623 JOD
2023 Average 1,591 JOD
Yearly Trough Low 1,524 JOD
Transaction Impact: A difference of 98.84 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3223
0.3061
JanuMarcMayJulySeptNove

FJD 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 0.3150, compared to 0.3154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.3150
H2 Avg (Jul–Dec) 0.3154

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0125 JOD (High: 0.3234 / Low: 0.3108). On the other end, June was the most stable month, with a tight range of 0.0054 JOD (High: 0.3180 / Low: 0.3126).

October Spread (Volatile) ±0.0125
June Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0055 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3210) against the same month in 2023 (average: 0.3120), the exchange rate shifted by +0.0089 (+2.86%).

2024 Avg (September) 0.3210
2023 Avg (September) 0.3120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3233 0.3130 0.3177
February 0.3173 0.3117 0.3153
March 0.3182 0.3111 0.3149
April 0.3167 0.3091 0.3127
May 0.3183 0.3094 0.3142
June 0.3180 0.3126 0.3153
July 0.3191 0.3126 0.3158
August 0.3219 0.3123 0.3177
September 0.3246 0.3161 0.3210
October 0.3234 0.3108 0.3173
November 0.3168 0.3087 0.3129
December 0.3132 0.3048 0.3074