YEARLY HIGH
2.5434 AWG
YEARLY LOW
2.5279 AWG
YEARLY AVERAGE
2.5404 AWG

2024 JOD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 2.5434. Conversely, the yearly low was recorded on November 5, dropping to 2.5279.

This high-to-low spread represents a total annual volatility of 0.0156 AWG. From a start-to-finish perspective, comparing the January average rate of 2.5391 to the December average rate of 2.5383, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5434 was down 0.12% compared to the 2023 peak of 2.5466, 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 12,717 AWG
2023 Average 12,696 AWG
Yearly Trough Low 12,639 AWG
Transaction Impact: A difference of 77.97 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5418
2.5379
JanuMarcMayJulySeptNove

JOD to AWG 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 2.5406, compared to 2.5402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 2.5406
H2 Avg (Jul–Dec) 2.5402

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0141 AWG (High: 2.5420 / Low: 2.5279). On the other end, March was the most stable month, with a tight range of 0.0035 AWG (High: 2.5427 / Low: 2.5391).

November Spread (Volatile) ±0.0141
March Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.5408) against the same month in 2023 (average: 2.5441), the exchange rate shifted by -0.0032 (-0.13%).

2024 Avg (August) 2.5408
2023 Avg (August) 2.5441

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5426 2.5366 2.5391
February 2.5423 2.5381 2.5399
March 2.5427 2.5391 2.5412
April 2.5434 2.5391 2.5407
May 2.5434 2.5391 2.5412
June 2.5434 2.5391 2.5412
July 2.5434 2.5399 2.5411
August 2.5434 2.5395 2.5408
September 2.5434 2.5399 2.5415
October 2.5434 2.5381 2.5407
November 2.5420 2.5279 2.5390
December 2.5420 2.5374 2.5383