YEARLY HIGH
120.7951 BTN
YEARLY LOW
116.1937 BTN
YEARLY AVERAGE
117.9961 BTN

2024 JOD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 120.7951. Conversely, the yearly low was recorded on March 7, dropping to 116.1937.

This high-to-low spread represents a total annual volatility of 4.6013 BTN. From a start-to-finish perspective, comparing the January average rate of 117.1388 to the December average rate of 119.7764, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 120.7951 was up 2.51% compared to the 2023 peak of 117.8370, 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 603,975 BTN
2023 Average 581,959 BTN
Yearly Trough Low 580,969 BTN
Transaction Impact: A difference of 23,006.65 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

120.0506
116.7604
JanuMarcMayJulySeptNove

JOD to BTN 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 117.3617, compared to 118.6305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2688 points.

H1 Avg (Jan–Jun) 117.3617
H2 Avg (Jul–Dec) 118.6305

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.7354 BTN (High: 120.7951 / Low: 119.0597). On the other end, July was the most stable month, with a tight range of 0.6675 BTN (High: 118.1874 / Low: 117.5199).

December Spread (Volatile) ±1.7354
July Spread (Stable) ±0.6675

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.1042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 119.7764) against the same month in 2023 (average: 117.4489), the exchange rate shifted by +2.3275 (+1.98%).

2024 Avg (December) 119.7764
2023 Avg (December) 117.4489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 118.4131 116.6840 117.1388
February 117.9536 116.7019 117.0346
March 117.6034 116.1937 117.0459
April 117.9263 117.1949 117.5892
May 118.4086 116.9251 117.5879
June 118.4804 117.2005 117.7736
July 118.1874 117.5199 117.9145
August 118.6265 117.0856 118.2720
September 118.6823 117.7826 118.2653
October 118.9228 118.1735 118.6207
November 119.6470 118.4618 118.9340
December 120.7951 119.0597 119.7764