YEARLY HIGH
253.3661 DJF
YEARLY LOW
248.9773 DJF
YEARLY AVERAGE
250.8243 DJF

2024 JOD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 253.3661. Conversely, the yearly low was recorded on May 13, dropping to 248.9773.

This high-to-low spread represents a total annual volatility of 4.3888 DJF. From a start-to-finish perspective, comparing the January average rate of 250.7824 to the December average rate of 250.7753, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 253.3661 was up 0.03% compared to the 2023 peak of 253.2891, 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 1,266,830 DJF
2023 Average 1,253,725 DJF
Yearly Trough Low 1,244,886 DJF
Transaction Impact: A difference of 21,943.87 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

251.1092
250.5520
JanuMarcMayJulySeptNove

JOD to DJF 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 250.8082, compared to 250.8404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0322 points.

H1 Avg (Jan–Jun) 250.8082
H2 Avg (Jul–Dec) 250.8404

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 3.1249 DJF (High: 252.1280 / Low: 249.0031). On the other end, July was the most stable month, with a tight range of 0.9963 DJF (High: 251.4195 / Low: 250.4233).

August Spread (Volatile) ±3.1249
July Spread (Stable) ±0.9963

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.3077 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 250.9411) against the same month in 2023 (average: 250.8696), the exchange rate shifted by +0.0715 (+0.03%).

2024 Avg (February) 250.9411
2023 Avg (February) 250.8696

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 251.6211 249.9756 250.7824
February 253.3661 250.6520 250.9411
March 251.8645 250.0029 250.7440
April 251.8937 250.4759 250.8587
May 251.6473 248.9773 250.6658
June 252.8483 249.7531 250.8572
July 251.4195 250.4233 250.9062
August 252.1280 249.0031 250.5985
September 252.5548 250.6098 251.0628
October 252.3678 249.7178 250.9133
November 252.5369 250.0589 250.7864
December 251.4259 250.0513 250.7753