YEARLY HIGH
2.2798 AUD
YEARLY LOW
2.0395 AUD
YEARLY AVERAGE
2.1388 AUD

2024 JOD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.2798. Conversely, the yearly low was recorded on September 29, dropping to 2.0395.

This high-to-low spread represents a total annual volatility of 0.2403 AUD. From a start-to-finish perspective, comparing the January average rate of 2.1216 to the December average rate of 2.2297, the exchange rate registered a net change of 5.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2798 was up 1.73% compared to the 2023 peak of 2.2412, 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 11,399 AUD
2023 Average 10,618 AUD
Yearly Trough Low 10,198 AUD
Transaction Impact: A difference of 1,201.50 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2443
2.0693
JanuMarcMayJulySeptNove

JOD to AUD 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 2.1423, compared to 2.1353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 2.1423
H2 Avg (Jul–Dec) 2.1353

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1109 AUD (High: 2.2798 / Low: 2.1689). On the other end, June was the most stable month, with a tight range of 0.0348 AUD (High: 2.1435 / Low: 2.1087).

December Spread (Volatile) ±0.1109
June Spread (Stable) ±0.0348

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 0.0404 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.2297) against the same month in 2023 (average: 2.1031), the exchange rate shifted by +0.1266 (+6.02%).

2024 Avg (December) 2.2297
2023 Avg (December) 2.1031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1514 2.0697 2.1216
February 2.1853 2.1447 2.1607
March 2.1686 2.1232 2.1510
April 2.2005 2.1282 2.1685
May 2.1608 2.1048 2.1281
June 2.1435 2.1087 2.1242
July 2.1579 2.0836 2.1138
August 2.1729 2.0760 2.1209
September 2.1208 2.0395 2.0839
October 2.1509 2.0496 2.1045
November 2.1847 2.1121 2.1591
December 2.2798 2.1689 2.2297