2024 HRK to JOD Historical Review

YEARLY HIGH

0.1053 JOD

YEARLY LOW

0.0975 JOD

YEARLY AVERAGE

0.1018 JOD

2024 HRK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.1053. Conversely, the yearly low was recorded on December 31, dropping to 0.0975.

This high-to-low spread represents a total annual volatility of 0.0078 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1027 to the December average rate of 0.0986, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1053 was down 0.49% compared to the 2023 peak of 0.1058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 526 JOD

2023 Average 509 JOD

Yearly Trough Low 487 JOD

Transaction Impact: A difference of 39.14 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1051

0.0980

JanuMarcMayJulySeptNove

HRK 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 0.1017, compared to 0.1019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1017

H2 Avg (Jul–Dec) 0.1019

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0048 JOD (High: 0.1029 / Low: 0.0980). On the other end, March was the most stable month, with a tight range of 0.0015 JOD (High: 0.1030 / Low: 0.1015).

November Spread (Volatile) ±0.0048

March Spread (Stable) ±0.0015

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 0.0025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1037) against the same month in 2023 (average: 0.1025), the exchange rate shifted by +0.0012 (+1.15%).

2024 Avg (August) 0.1037

2023 Avg (August) 0.1025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1039	0.1017	0.1027
February	0.1024	0.1008	0.1016
March	0.1030	0.1015	0.1022
April	0.1022	0.0999	0.1008
May	0.1025	0.1008	0.1017
June	0.1026	0.1005	0.1012
July	0.1029	0.1010	0.1021
August	0.1053	0.1015	0.1037
September	0.1052	0.1036	0.1045
October	0.1041	0.1014	0.1025
November	0.1029	0.0980	0.1000
December	0.0996	0.0975	0.0986