2024 JMD to JOD Historical Review

YEARLY HIGH

0.0046 JOD

YEARLY LOW

0.0044 JOD

YEARLY AVERAGE

0.0045 JOD

2024 JMD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0046. Conversely, the yearly low was recorded on November 10, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 0.0002 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0045, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0046 was down 2.31% compared to the 2023 peak of 0.0047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23 JOD

2023 Average 23 JOD

Yearly Trough Low 22 JOD

Transaction Impact: A difference of 0.96 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0046

0.0045

JanuMarcMayJulySeptNove

JMD 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 0.0046, compared to 0.0045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0046

H2 Avg (Jul–Dec) 0.0045

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0001 JOD (High: 0.0046 / Low: 0.0045). On the other end, July was the most stable month, with a tight range of 0.0000 JOD (High: 0.0046 / Low: 0.0045).

April Spread (Volatile) ±0.0001

July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0046) against the same month in 2023 (average: 0.0047), the exchange rate shifted by -0.0001 (-1.98%).

2024 Avg (April) 0.0046

2023 Avg (April) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0046	0.0046	0.0046
February	0.0046	0.0045	0.0045
March	0.0046	0.0045	0.0046
April	0.0046	0.0045	0.0046
May	0.0046	0.0045	0.0045
June	0.0046	0.0045	0.0046
July	0.0046	0.0045	0.0045
August	0.0046	0.0045	0.0045
September	0.0046	0.0045	0.0045
October	0.0045	0.0045	0.0045
November	0.0045	0.0044	0.0045
December	0.0046	0.0045	0.0045