YEARLY HIGH
2.5645 ANG
YEARLY LOW
2.5201 ANG
YEARLY AVERAGE
2.5419 ANG

2024 JOD to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.5645. Conversely, the yearly low was recorded on August 4, dropping to 2.5201.

This high-to-low spread represents a total annual volatility of 0.0444 ANG. From a start-to-finish perspective, comparing the January average rate of 2.5400 to the December average rate of 2.5403, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5645 was up 0.01% compared to the 2023 peak of 2.5641, 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 12,823 ANG
2023 Average 12,701 ANG
Yearly Trough Low 12,601 ANG
Transaction Impact: A difference of 221.92 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5448
2.5396
JanuMarcMayJulySeptNove

JOD to ANG 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 2.5416, compared to 2.5422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 2.5416
H2 Avg (Jul–Dec) 2.5422

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0299 ANG (High: 2.5501 / Low: 2.5201). On the other end, July was the most stable month, with a tight range of 0.0092 ANG (High: 2.5450 / Low: 2.5358).

August Spread (Volatile) ±0.0299
July Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.5427) against the same month in 2023 (average: 2.5406), the exchange rate shifted by +0.0021 (+0.08%).

2024 Avg (February) 2.5427
2023 Avg (February) 2.5406

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5470 2.5334 2.5400
February 2.5645 2.5367 2.5427
March 2.5490 2.5310 2.5407
April 2.5493 2.5355 2.5416
May 2.5471 2.5289 2.5417
June 2.5594 2.5362 2.5427
July 2.5450 2.5358 2.5422
August 2.5501 2.5201 2.5407
September 2.5476 2.5368 2.5436
October 2.5543 2.5398 2.5444
November 2.5559 2.5301 2.5418
December 2.5446 2.5306 2.5403