2024 JOD to BBD Historical Review

YEARLY HIGH

2.8229 BBD

YEARLY LOW

2.8185 BBD

YEARLY AVERAGE

2.8212 BBD

2024 JOD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 2.8229. Conversely, the yearly low was recorded on January 2, dropping to 2.8185.

This high-to-low spread represents a total annual volatility of 0.0044 BBD. From a start-to-finish perspective, comparing the January average rate of 2.8192 to the December average rate of 2.8199, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8229 was down 0.10% compared to the 2023 peak of 2.8257, 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 14,114 BBD

2023 Average 14,100 BBD

Yearly Trough Low 14,092 BBD

Transaction Impact: A difference of 21.88 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8225

2.8189

JanuMarcMayJulySeptNove

JOD to BBD 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 2.8210, compared to 2.8214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 2.8210

H2 Avg (Jul–Dec) 2.8214

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0032 BBD (High: 2.8229 / Low: 2.8197). On the other end, March was the most stable month, with a tight range of 0.0004 BBD (High: 2.8213 / Low: 2.8209).

October Spread (Volatile) ±0.0032

March Spread (Stable) ±0.0004

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 0.0015 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.8220) against the same month in 2023 (average: 2.8248), the exchange rate shifted by -0.0028 (-0.10%).

2024 Avg (August) 2.8220

2023 Avg (August) 2.8248

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8201	2.8185	2.8192
February	2.8209	2.8201	2.8205
March	2.8213	2.8209	2.8212
April	2.8221	2.8213	2.8217
May	2.8221	2.8213	2.8215
June	2.8221	2.8213	2.8217
July	2.8221	2.8217	2.8220
August	2.8229	2.8217	2.8220
September	2.8229	2.8221	2.8222
October	2.8229	2.8197	2.8217
November	2.8205	2.8193	2.8202
December	2.8205	2.8193	2.8199