YEARLY HIGH
10.2930 CNY
YEARLY LOW
9.8914 CNY
YEARLY AVERAGE
10.1246 CNY

2024 JOD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 10.2930. Conversely, the yearly low was recorded on September 26, dropping to 9.8914.

This high-to-low spread represents a total annual volatility of 0.4017 CNY. From a start-to-finish perspective, comparing the January average rate of 10.0230 to the December average rate of 10.2667, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.2930 was down 0.73% compared to the 2023 peak of 10.3685, 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 51,465 CNY
2023 Average 49,873 CNY
Yearly Trough Low 49,457 CNY
Transaction Impact: A difference of 2,008.49 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.2951
9.9542
JanuMarcMayJulySeptNove

JOD to CNY 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 10.1266, compared to 10.1225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 10.1266
H2 Avg (Jul–Dec) 10.1225

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.2445 CNY (High: 10.2557 / Low: 10.0111). On the other end, December was the most stable month, with a tight range of 0.0805 CNY (High: 10.2930 / Low: 10.2125).

June Spread (Volatile) ±0.2445
December Spread (Stable) ±0.0805

Growth Streaks & Declines

Trends

Between January and April, 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 0.1559 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 10.2667) against the same month in 2023 (average: 10.0340), the exchange rate shifted by +0.2327 (+2.32%).

2024 Avg (December) 10.2667
2023 Avg (December) 10.0340

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1405 9.9755 10.0230
February 10.1529 10.0127 10.0943
March 10.1976 10.0611 10.1519
April 10.2238 10.0035 10.1983
May 10.2172 9.9793 10.1106
June 10.2557 10.0111 10.1814
July 10.2660 10.0731 10.2392
August 10.2213 10.0086 10.0833
September 10.0491 9.8914 9.9826
October 10.0594 9.9055 10.0024
November 10.2174 10.0110 10.1611
December 10.2930 10.2125 10.2667