2024 JOD to BGN Historical Review

YEARLY HIGH

2.6601 BGN

YEARLY LOW

2.4640 BGN

YEARLY AVERAGE

2.5502 BGN

2024 JOD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.6601. Conversely, the yearly low was recorded on August 25, dropping to 2.4640.

This high-to-low spread represents a total annual volatility of 0.1961 BGN. From a start-to-finish perspective, comparing the January average rate of 2.5273 to the December average rate of 2.6331, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6601 was up 0.97% compared to the 2023 peak of 2.6345, 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 13,301 BGN

2023 Average 12,747 BGN

Yearly Trough Low 12,320 BGN

Transaction Impact: A difference of 980.74 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6479

2.4696

JanuMarcMayJulySeptNove

JOD to BGN 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 2.5516, compared to 2.5487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 2.5516

H2 Avg (Jul–Dec) 2.5487

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1235 BGN (High: 2.6481 / Low: 2.5245). On the other end, February was the most stable month, with a tight range of 0.0373 BGN (High: 2.5734 / Low: 2.5361).

November Spread (Volatile) ±0.1235

February Spread (Stable) ±0.0373

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 0.0393 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.6331) against the same month in 2023 (average: 2.5249), the exchange rate shifted by +0.1082 (+4.28%).

2024 Avg (December) 2.6331

2023 Avg (December) 2.5249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5478	2.4967	2.5273
February	2.5734	2.5361	2.5555
March	2.5573	2.5199	2.5380
April	2.5979	2.5380	2.5731
May	2.5864	2.5332	2.5520
June	2.5838	2.5318	2.5639
July	2.5700	2.5249	2.5430
August	2.5578	2.4640	2.5037
September	2.5062	2.4678	2.4844
October	2.5598	2.4932	2.5325
November	2.6481	2.5245	2.5956
December	2.6601	2.6052	2.6331