2024 JOD to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JOD to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JOD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 106.1101. Conversely, the yearly low was recorded on October 17, dropping to 91.8177.
This high-to-low spread represents a total annual volatility of 14.2924 AFN. From a start-to-finish perspective, comparing the January average rate of 100.8361 to the December average rate of 97.8894, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 106.1101 was down 17.73% compared to the 2023 peak of 128.9822, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
JOD to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 101.2907, compared to 97.6343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6564 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 6.2111 AFN (High: 104.8071 / Low: 98.5960). On the other end, July was the most stable month, with a tight range of 1.4829 AFN (High: 100.4405 / Low: 98.9576).
Growth Streaks & Declines
TrendsBetween June and August, 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 September and October, when the average rate fell by 3.4280 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 103.1877) against the same month in 2023 (average: 126.3659), the exchange rate shifted by -23.1782 (-18.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 104.8071 | 98.5960 | 100.8361 |
| February | 106.1101 | 101.8079 | 103.1877 |
| March | 102.9764 | 100.1189 | 101.8201 |
| April | 102.0285 | 100.3711 | 101.2788 |
| May | 102.0542 | 99.4499 | 101.1147 |
| June | 101.2098 | 98.4425 | 99.5069 |
| July | 100.4405 | 98.9576 | 99.8458 |
| August | 100.4217 | 98.7585 | 99.8974 |
| September | 100.1834 | 95.9503 | 98.0824 |
| October | 97.1071 | 91.8177 | 94.6544 |
| November | 96.3831 | 94.2578 | 95.4366 |
| December | 99.3990 | 95.1777 | 97.8894 |