2024 JOD to BWP Historical Review

YEARLY HIGH

20.0414 BWP

YEARLY LOW

18.3749 BWP

YEARLY AVERAGE

19.1259 BWP

2024 JOD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 20.0414. Conversely, the yearly low was recorded on September 30, dropping to 18.3749.

This high-to-low spread represents a total annual volatility of 1.6665 BWP. From a start-to-finish perspective, comparing the January average rate of 19.1429 to the December average rate of 19.3392, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.0414 was up 2.64% compared to the 2023 peak of 19.5253, 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 100,207 BWP

2023 Average 94,157 BWP

Yearly Trough Low 91,874 BWP

Transaction Impact: A difference of 8,332.40 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.4722

18.6150

JanuMarcMayJulySeptNove

JOD to BWP 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 19.2607, compared to 18.9911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2697 points.

H1 Avg (Jan–Jun) 19.2607

H2 Avg (Jul–Dec) 18.9911

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.0274 BWP (High: 20.0414 / Low: 19.0139). On the other end, March was the most stable month, with a tight range of 0.3362 BWP (High: 19.4198 / Low: 19.0836).

May Spread (Volatile) ±1.0274

March Spread (Stable) ±0.3362

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 August and September, when the average rate fell by 0.2408 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2408

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 19.1911) against the same month in 2023 (average: 18.9863), the exchange rate shifted by +0.2048 (+1.08%).

2024 Avg (May) 19.1911

2023 Avg (May) 18.9863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.3304	18.8335	19.1429
February	19.4632	19.0978	19.3320
March	19.4198	19.0836	19.2715
April	20.0370	19.1267	19.4008
May	20.0414	19.0139	19.1911
June	19.5202	18.9981	19.2262
July	19.3014	18.9494	19.1161
August	19.2005	18.7018	18.9272
September	18.9235	18.3749	18.6864
October	18.9380	18.4052	18.7826
November	19.3557	18.7133	19.0950
December	19.6954	19.0493	19.3392