YEARLY HIGH
0.0914 JOD
YEARLY LOW
0.0904 JOD
YEARLY AVERAGE
0.0909 JOD

2024 HKD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0914. Conversely, the yearly low was recorded on April 14, dropping to 0.0904.

This high-to-low spread represents a total annual volatility of 0.0009 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0908 to the December average rate of 0.0912, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0914 was up 0.31% compared to the 2023 peak of 0.0911, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 2,284 JOD
2023 Average 2,265 JOD
Yearly Trough Low 2,261 JOD
Transaction Impact: A difference of 22.93 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0913
0.0904
JanuMarcMayJulySeptNove

HKD 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 0.0907, compared to 0.0910 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) 0.0907
H2 Avg (Jul–Dec) 0.0910

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0003 JOD (High: 0.0912 / Low: 0.0908). On the other end, July was the most stable month, with a tight range of 0.0001 JOD (High: 0.0908 / Low: 0.0907).

September Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0912) against the same month in 2023 (average: 0.0908), the exchange rate shifted by +0.0004 (+0.43%).

2024 Avg (December) 0.0912
2023 Avg (December) 0.0908

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0909 0.0906 0.0908
February 0.0907 0.0906 0.0907
March 0.0907 0.0906 0.0906
April 0.0906 0.0904 0.0905
May 0.0909 0.0906 0.0907
June 0.0908 0.0907 0.0908
July 0.0908 0.0907 0.0907
August 0.0910 0.0907 0.0909
September 0.0912 0.0908 0.0910
October 0.0913 0.0912 0.0912
November 0.0913 0.0911 0.0912
December 0.0914 0.0911 0.0912