YEARLY HIGH
0.0021 JOD
YEARLY LOW
0.0018 JOD
YEARLY AVERAGE
0.0019 JOD

2024 HUF to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0021. Conversely, the yearly low was recorded on December 19, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0003 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0018, the exchange rate registered a net change of -11.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0021 was down 3.48% compared to the 2023 peak of 0.0021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 2,058 JOD
2023 Average 2,011 JOD
Yearly Trough Low 1,773 JOD
Transaction Impact: A difference of 285.02 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0020
0.0018
JanuMarcMayJulySeptNove

HUF 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 0.0020, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0020
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0001 JOD (High: 0.0019 / Low: 0.0018). On the other end, March was the most stable month, with a tight range of 0.0000 JOD (High: 0.0020 / Low: 0.0019).

November Spread (Volatile) ±0.0001
March Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0020) against the same month in 2023 (average: 0.0019), the exchange rate shifted by +0.0001 (+4.51%).

2024 Avg (January) 0.0020
2023 Avg (January) 0.0019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0020 0.0020
February 0.0020 0.0020 0.0020
March 0.0020 0.0019 0.0020
April 0.0020 0.0019 0.0019
May 0.0020 0.0019 0.0020
June 0.0020 0.0019 0.0019
July 0.0020 0.0019 0.0020
August 0.0020 0.0019 0.0020
September 0.0020 0.0020 0.0020
October 0.0020 0.0019 0.0019
November 0.0019 0.0018 0.0018
December 0.0018 0.0018 0.0018