2024 JOD to AZN Historical Review

YEARLY HIGH

2.4060 AZN

YEARLY LOW

2.3957 AZN

YEARLY AVERAGE

2.3981 AZN

2024 JOD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 2.4060. Conversely, the yearly low was recorded on January 2, dropping to 2.3957.

This high-to-low spread represents a total annual volatility of 0.0103 AZN. From a start-to-finish perspective, comparing the January average rate of 2.3968 to the December average rate of 2.3969, 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 2.4060 was up 0.07% compared to the 2023 peak of 2.4043, 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 12,030 AZN

2023 Average 11,986 AZN

Yearly Trough Low 11,979 AZN

Transaction Impact: A difference of 51.52 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3992

2.3966

JanuMarcMayJulySeptNove

JOD to AZN 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 2.3981, compared to 2.3981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 2.3981

H2 Avg (Jul–Dec) 2.3981

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0083 AZN (High: 2.4040 / Low: 2.3957). On the other end, July was the most stable month, with a tight range of 0.0003 AZN (High: 2.3988 / Low: 2.3984).

January Spread (Volatile) ±0.0083

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.3989) against the same month in 2023 (average: 2.3965), the exchange rate shifted by +0.0025 (+0.10%).

2024 Avg (April) 2.3989

2023 Avg (April) 2.3965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4040	2.3957	2.3968
February	2.3977	2.3971	2.3974
March	2.4057	2.3977	2.3988
April	2.4060	2.3981	2.3989
May	2.3988	2.3981	2.3983
June	2.3988	2.3981	2.3985
July	2.3988	2.3984	2.3987
August	2.3994	2.3984	2.3987
September	2.3994	2.3988	2.3989
October	2.3994	2.3967	2.3985
November	2.3974	2.3964	2.3972
December	2.3974	2.3964	2.3969