YEARLY HIGH
0.1990 JOD
YEARLY LOW
0.1849 JOD
YEARLY AVERAGE
0.1916 JOD

2024 ILS to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.1990. Conversely, the yearly low was recorded on August 6, dropping to 0.1849.

This high-to-low spread represents a total annual volatility of 0.0141 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1913 to the December average rate of 0.1958, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1990 was down 5.63% compared to the 2023 peak of 0.2109, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 995 JOD
2023 Average 963 JOD
Yearly Trough Low 925 JOD
Transaction Impact: A difference of 70.46 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1965
0.1875
JanuMarcMayJulySeptNove

ILS 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 0.1918, compared to 0.1914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1918
H2 Avg (Jul–Dec) 0.1914

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0104 JOD (High: 0.1953 / Low: 0.1849). On the other end, June was the most stable month, with a tight range of 0.0051 JOD (High: 0.1933 / Low: 0.1882).

August Spread (Volatile) ±0.0104
June Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0066 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1958) against the same month in 2023 (average: 0.1936), the exchange rate shifted by +0.0021 (+1.09%).

2024 Avg (December) 0.1958
2023 Avg (December) 0.1936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1970 0.1869 0.1913
February 0.1985 0.1918 0.1946
March 0.1988 0.1919 0.1952
April 0.1928 0.1853 0.1886
May 0.1938 0.1887 0.1915
June 0.1933 0.1882 0.1899
July 0.1962 0.1879 0.1930
August 0.1953 0.1849 0.1905
September 0.1952 0.1873 0.1900
October 0.1916 0.1857 0.1882
November 0.1952 0.1888 0.1906
December 0.1990 0.1925 0.1958