2024 JOD to CVE Historical Review

YEARLY HIGH

149.7798 CVE

YEARLY LOW

139.0024 CVE

YEARLY AVERAGE

143.8944 CVE

2024 JOD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 149.7798. Conversely, the yearly low was recorded on August 25, dropping to 139.0024.

This high-to-low spread represents a total annual volatility of 10.7774 CVE. From a start-to-finish perspective, comparing the January average rate of 142.5642 to the December average rate of 148.3837, the exchange rate registered a net change of 4.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 149.7798 was up 0.77% compared to the 2023 peak of 148.6332, 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 748,899 CVE

2023 Average 719,709 CVE

Yearly Trough Low 695,012 CVE

Transaction Impact: A difference of 53,887.01 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

149.1978

139.4280

JanuMarcMayJulySeptNove

JOD to CVE 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 143.9686, compared to 143.8202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1484 points.

H1 Avg (Jan–Jun) 143.9686

H2 Avg (Jul–Dec) 143.8202

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 6.6096 CVE (High: 149.3731 / Low: 142.7635). On the other end, February was the most stable month, with a tight range of 1.8450 CVE (High: 145.3063 / Low: 143.4612).

November Spread (Volatile) ±6.6096

February Spread (Stable) ±1.8450

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 July and August, when the average rate fell by 1.9364 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.9364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 148.3837) against the same month in 2023 (average: 142.6081), the exchange rate shifted by +5.7756 (+4.05%).

2024 Avg (December) 148.3837

2023 Avg (December) 142.6081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	143.6090	140.6821	142.5642
February	145.3063	143.4612	144.2326
March	144.5197	142.1075	143.2522
April	146.5712	143.2066	144.9338
May	146.2184	142.7596	144.1280
June	145.9715	142.9437	144.7010
July	145.3866	142.3342	143.4973
August	144.7016	139.0024	141.5609
September	141.2062	139.2489	140.2421
October	144.3631	140.3786	142.9166
November	149.3731	142.7635	146.3208
December	149.7798	146.9150	148.3837