YEARLY HIGH
577.7515 AMD
YEARLY LOW
542.3726 AMD
YEARLY AVERAGE
554.1023 AMD

2024 JOD to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 577.7515. Conversely, the yearly low was recorded on August 3, dropping to 542.3726.

This high-to-low spread represents a total annual volatility of 35.3790 AMD. From a start-to-finish perspective, comparing the January average rate of 570.4745 to the December average rate of 559.3235, the exchange rate registered a net change of -1.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 577.7515 was down 4.20% compared to the 2023 peak of 603.0668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,888,758 AMD
2023 Average 2,766,841 AMD
Yearly Trough Low 2,711,863 AMD
Transaction Impact: A difference of 176,894.75 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

575.0827
543.7323
JanuMarcMayJulySeptNove

JOD to AMD 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 559.0597, compared to 549.1449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.9148 points.

H1 Avg (Jan–Jun) 559.0597
H2 Avg (Jul–Dec) 549.1449

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 15.2040 AMD (High: 568.1938 / Low: 552.9898). On the other end, July was the most stable month, with a tight range of 1.8943 AMD (High: 548.2885 / Low: 546.3941).

December Spread (Volatile) ±15.2040
July Spread (Stable) ±1.8943

Growth Streaks & Declines

Trends

Between October and December, 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 12.9787 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -12.9787

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 572.4701) against the same month in 2023 (average: 555.4346), the exchange rate shifted by +17.0356 (+3.07%).

2024 Avg (February) 572.4701
2023 Avg (February) 555.4346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 572.2354 567.9216 570.4745
February 577.7515 570.7187 572.4701
March 569.8588 555.5049 564.9860
April 559.4519 546.5137 552.0072
May 548.0140 544.5489 546.9214
June 550.5097 546.0488 547.4990
July 548.2885 546.3941 547.4552
August 549.3682 542.3726 546.7658
September 547.9977 545.1787 546.4856
October 548.5080 545.4194 546.3448
November 558.5947 545.0264 548.4946
December 568.1938 552.9898 559.3235