YEARLY HIGH
2.8682 BZD
YEARLY LOW
2.8186 BZD
YEARLY AVERAGE
2.8425 BZD

2024 JOD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.8682. Conversely, the yearly low was recorded on August 4, dropping to 2.8186.

This high-to-low spread represents a total annual volatility of 0.0497 BZD. From a start-to-finish perspective, comparing the January average rate of 2.8409 to the December average rate of 2.8371, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8682 was up 0.01% compared to the 2023 peak of 2.8678, 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 14,341 BZD
2023 Average 14,203 BZD
Yearly Trough Low 14,093 BZD
Transaction Impact: A difference of 248.26 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8466
2.8362
JanuMarcMayJulySeptNove

JOD to BZD 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 2.8425, compared to 2.8426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 2.8425
H2 Avg (Jul–Dec) 2.8426

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0335 BZD (High: 2.8521 / Low: 2.8186). On the other end, July was the most stable month, with a tight range of 0.0103 BZD (High: 2.8463 / Low: 2.8360).

August Spread (Volatile) ±0.0335
July Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0059 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.8431) against the same month in 2023 (average: 2.8415), the exchange rate shifted by +0.0017 (+0.06%).

2024 Avg (February) 2.8431
2023 Avg (February) 2.8415

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8486 2.8335 2.8409
February 2.8682 2.8371 2.8431
March 2.8509 2.8308 2.8417
April 2.8512 2.8358 2.8427
May 2.8464 2.8285 2.8425
June 2.8625 2.8367 2.8440
July 2.8463 2.8360 2.8432
August 2.8521 2.8186 2.8417
September 2.8494 2.8372 2.8448
October 2.8567 2.8406 2.8457
November 2.8585 2.8298 2.8430
December 2.8458 2.8227 2.8371