2024 JOD to BAM Historical Review

YEARLY HIGH

2.6567 BAM

YEARLY LOW

2.4622 BAM

YEARLY AVERAGE

2.5498 BAM

2024 JOD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.6567. Conversely, the yearly low was recorded on August 25, dropping to 2.4622.

This high-to-low spread represents a total annual volatility of 0.1945 BAM. From a start-to-finish perspective, comparing the January average rate of 2.5259 to the December average rate of 2.6314, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6567 was up 0.90% compared to the 2023 peak of 2.6329, 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 13,283 BAM

2023 Average 12,747 BAM

Yearly Trough Low 12,311 BAM

Transaction Impact: A difference of 972.58 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6461

2.4691

JanuMarcMayJulySeptNove

JOD to BAM 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 2.5511, compared to 2.5485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 2.5511

H2 Avg (Jul–Dec) 2.5485

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1182 BAM (High: 2.6471 / Low: 2.5289). On the other end, March was the most stable month, with a tight range of 0.0372 BAM (High: 2.5578 / Low: 2.5206).

November Spread (Volatile) ±0.1182

March Spread (Stable) ±0.0372

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 July and August, when the average rate fell by 0.0363 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.6314) against the same month in 2023 (average: 2.5258), the exchange rate shifted by +0.1056 (+4.18%).

2024 Avg (December) 2.6314

2023 Avg (December) 2.5258

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5464	2.4953	2.5259
February	2.5755	2.5344	2.5543
March	2.5578	2.5206	2.5383
April	2.5959	2.5382	2.5709
May	2.5864	2.5322	2.5531
June	2.5834	2.5336	2.5638
July	2.5745	2.5235	2.5432
August	2.5567	2.4622	2.5069
September	2.5050	2.4664	2.4838
October	2.5590	2.4872	2.5321
November	2.6471	2.5289	2.5937
December	2.6567	2.6058	2.6314