2024 JOD to GBP Historical Review

YEARLY HIGH

1.1424 GBP

YEARLY LOW

1.0509 GBP

YEARLY AVERAGE

1.1040 GBP

2024 JOD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 1.1424. Conversely, the yearly low was recorded on September 24, dropping to 1.0509.

This high-to-low spread represents a total annual volatility of 0.0915 GBP. From a start-to-finish perspective, comparing the January average rate of 1.1092 to the December average rate of 1.1160, the exchange rate registered a net change of 0.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1424 was down 4.15% compared to the 2023 peak of 1.1919, 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 5,712 GBP

2023 Average 5,670 GBP

Yearly Trough Low 5,255 GBP

Transaction Impact: A difference of 457.46 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1339

1.0614

JanuMarcMayJulySeptNove

JOD to GBP 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 1.1151, compared to 1.0930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 1.1151

H2 Avg (Jul–Dec) 1.0930

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0479 GBP (High: 1.1124 / Low: 1.0645). On the other end, January was the most stable month, with a tight range of 0.0133 GBP (High: 1.1164 / Low: 1.1031).

August Spread (Volatile) ±0.0479

January Spread (Stable) ±0.0133

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 0.0226 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 1.1278) against the same month in 2023 (average: 1.1327), the exchange rate shifted by -0.0048 (-0.43%).

2024 Avg (April) 1.1278

2023 Avg (April) 1.1327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1164	1.1031	1.1092
February	1.1250	1.1062	1.1165
March	1.1198	1.0971	1.1101
April	1.1424	1.1127	1.1278
May	1.1294	1.1045	1.1165
June	1.1180	1.1012	1.1104
July	1.1157	1.0847	1.0964
August	1.1124	1.0645	1.0901
September	1.0822	1.0509	1.0674
October	1.0933	1.0630	1.0815
November	1.1255	1.0812	1.1062
December	1.1281	1.1030	1.1160