2024 JOD to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JOD to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JOD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 136.7435. Conversely, the yearly low was recorded on September 30, dropping to 124.6169.
This high-to-low spread represents a total annual volatility of 12.1266 ALL. From a start-to-finish perspective, comparing the January average rate of 134.2036 to the December average rate of 132.3112, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 136.7435 was down 12.99% compared to the 2023 peak of 157.1651, 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 ALL 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 133.4017, compared to 129.1528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.2489 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 6.0427 ALL (High: 132.8567 / Low: 126.8141). On the other end, February was the most stable month, with a tight range of 1.8836 ALL (High: 136.7435 / Low: 134.8599).
Growth Streaks & Declines
TrendsBetween September and December, 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 July and August, when the average rate fell by 2.4293 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 135.6864) against the same month in 2023 (average: 152.3027), the exchange rate shifted by -16.6162 (-10.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 135.3163 | 132.1785 | 134.2036 |
| February | 136.7435 | 134.8599 | 135.6864 |
| March | 135.2609 | 132.6799 | 134.2041 |
| April | 135.0252 | 132.3112 | 133.5033 |
| May | 132.4816 | 129.9875 | 131.2081 |
| June | 132.4959 | 129.8425 | 131.6046 |
| July | 131.9908 | 129.3515 | 130.4738 |
| August | 130.8785 | 126.2422 | 128.0445 |
| September | 127.5531 | 124.6169 | 126.2486 |
| October | 128.9595 | 125.4784 | 127.7415 |
| November | 132.8567 | 126.8141 | 130.0974 |
| December | 133.7499 | 131.1063 | 132.3112 |