YEARLY HIGH
1453.7298 ARS
YEARLY LOW
1141.4181 ARS
YEARLY AVERAGE
1290.7464 ARS

2024 JOD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1453.7298. Conversely, the yearly low was recorded on January 7, dropping to 1141.4181.

This high-to-low spread represents a total annual volatility of 312.3117 ARS. From a start-to-finish perspective, comparing the January average rate of 1152.6062 to the December average rate of 1437.9775, the exchange rate registered a net change of 24.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1453.7298 was up 27.23% compared to the 2023 peak of 1142.6427, 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 7,268,649 ARS
2023 Average 2,087,650 ARS
Yearly Trough Low 5,707,091 ARS
Transaction Impact: A difference of 1,561,558.51 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1466.5146
1124.0691
JanuMarcMayJulySeptNove

JOD to ARS 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 1212.8333, compared to 1368.6594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 155.8261 points.

H1 Avg (Jan–Jun) 1212.8333
H2 Avg (Jul–Dec) 1368.6594

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 38.5767 ARS (High: 1342.7903 / Low: 1304.2136). On the other end, March was the most stable month, with a tight range of 22.4400 ARS (High: 1209.9564 / Low: 1187.5164).

August Spread (Volatile) ±38.5767
March Spread (Stable) ±22.4400

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1437.9775) against the same month in 2023 (average: 890.7534), the exchange rate shifted by +547.2241 (+61.43%).

2024 Avg (December) 1437.9775
2023 Avg (December) 890.7534

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1165.1969 1141.4181 1152.6062
February 1188.0503 1165.5165 1176.3249
March 1209.9564 1187.5164 1199.7727
April 1237.6173 1209.6332 1224.3241
May 1261.2984 1231.5695 1249.1871
June 1285.4704 1261.4301 1274.7849
July 1315.4324 1288.6960 1300.9253
August 1342.7903 1304.2136 1327.2280
September 1367.1904 1344.3929 1355.0645
October 1396.3494 1368.3676 1381.6338
November 1424.3917 1391.2992 1409.1274
December 1453.7298 1426.1347 1437.9775