2024 JOD to BIF Historical Review

YEARLY HIGH

4177.2813 BIF

YEARLY LOW

4005.3358 BIF

YEARLY AVERAGE

4068.7019 BIF

2024 JOD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 4177.2813. Conversely, the yearly low was recorded on January 7, dropping to 4005.3358.

This high-to-low spread represents a total annual volatility of 171.9455 BIF. From a start-to-finish perspective, comparing the January average rate of 4022.1509 to the December average rate of 4156.1643, the exchange rate registered a net change of 3.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4177.2813 was up 3.59% compared to the 2023 peak of 4032.3204, 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 20,886,406 BIF

2023 Average 17,966,921 BIF

Yearly Trough Low 20,026,679 BIF

Transaction Impact: A difference of 859,727.28 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4169.5657

4008.7496

JanuMarcMayJulySeptNove

JOD to BIF 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 4040.0475, compared to 4097.3563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 57.3088 points.

H1 Avg (Jan–Jun) 4040.0475

H2 Avg (Jul–Dec) 4097.3563

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 95.7925 BIF (High: 4177.2813 / Low: 4081.4888). On the other end, July was the most stable month, with a tight range of 20.4142 BIF (High: 4069.9608 / Low: 4049.5467).

November Spread (Volatile) ±95.7925

July Spread (Stable) ±20.4142

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 4119.2270) against the same month in 2023 (average: 4003.1880), the exchange rate shifted by +116.0390 (+2.90%).

2024 Avg (November) 4119.2270

2023 Avg (November) 4003.1880

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4031.5760	4005.3358	4022.1509
February	4052.1011	4021.0892	4033.0282
March	4046.4099	4018.0160	4035.4805
April	4055.2819	4031.6401	4042.7909
May	4057.1479	4031.9742	4048.6993
June	4087.1023	4044.8979	4058.1350
July	4069.9608	4049.5467	4061.9826
August	4082.7038	4035.5698	4064.5278
September	4094.4812	4065.7006	4083.6533
October	4163.6082	4080.8409	4098.5827
November	4177.2813	4081.4888	4119.2270
December	4175.1856	4082.6400	4156.1643