2024 JOD to GMD Historical Review

YEARLY HIGH

101.5372 GMD

YEARLY LOW

94.7279 GMD

YEARLY AVERAGE

97.0639 GMD

2024 JOD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 101.5372. Conversely, the yearly low was recorded on January 7, dropping to 94.7279.

This high-to-low spread represents a total annual volatility of 6.8092 GMD. From a start-to-finish perspective, comparing the January average rate of 94.8535 to the December average rate of 101.2524, the exchange rate registered a net change of 6.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 101.5372 was up 6.83% compared to the 2023 peak of 95.0451, 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 507,686 GMD

2023 Average 439,216 GMD

Yearly Trough Low 473,640 GMD

Transaction Impact: A difference of 34,046.10 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

101.8923

94.2136

JanuMarcMayJulySeptNove

JOD to GMD 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 95.5029, compared to 98.6248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1219 points.

H1 Avg (Jan–Jun) 95.5029

H2 Avg (Jul–Dec) 98.6248

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 4.2331 GMD (High: 99.4779 / Low: 95.2448). On the other end, June was the most stable month, with a tight range of 0.0622 GMD (High: 95.6328 / Low: 95.5706).

October Spread (Volatile) ±4.2331

June Spread (Stable) ±0.0622

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.4209 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 101.2524) against the same month in 2023 (average: 94.9385), the exchange rate shifted by +6.3140 (+6.65%).

2024 Avg (December) 101.2524

2023 Avg (December) 94.9385

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	95.0719	94.7279	94.8535
February	95.8745	94.8872	95.3355
March	95.8880	95.7822	95.8244
April	95.8798	95.5976	95.7898
May	95.7822	95.5706	95.6093
June	95.6328	95.5706	95.6049
July	98.0669	95.5841	95.7078
August	100.1834	97.3476	98.5430
September	100.1834	96.6558	98.1683
October	99.4779	95.2448	97.7474
November	100.8320	99.3938	100.3300
December	101.5372	100.1269	101.2524