2024 JOD to GNF Historical Review

YEARLY HIGH

12240.7438 GNF

YEARLY LOW

12069.7783 GNF

YEARLY AVERAGE

12147.6565 GNF

2024 JOD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 12240.7438. Conversely, the yearly low was recorded on March 23, dropping to 12069.7783.

This high-to-low spread represents a total annual volatility of 170.9655 GNF. From a start-to-finish perspective, comparing the January average rate of 12115.4948 to the December average rate of 12168.9613, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12240.7438 was down 1.34% compared to the 2023 peak of 12406.5981, 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 61,203,719 GNF

2023 Average 60,760,619 GNF

Yearly Trough Low 60,348,892 GNF

Transaction Impact: A difference of 854,827.33 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12200.3422

12107.7814

JanuMarcMayJulySeptNove

JOD to GNF 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 12125.3471, compared to 12169.9659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.6188 points.

H1 Avg (Jan–Jun) 12125.3471

H2 Avg (Jul–Dec) 12169.9659

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 120.5249 GNF (High: 12195.4966 / Low: 12074.9717). On the other end, September was the most stable month, with a tight range of 39.4599 GNF (High: 12213.1582 / Low: 12173.6983).

August Spread (Volatile) ±120.5249

September Spread (Stable) ±39.4599

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 21.6837 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -21.6837

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 12186.6179) against the same month in 2023 (average: 12123.0893), the exchange rate shifted by +63.5285 (+0.52%).

2024 Avg (October) 12186.6179

2023 Avg (October) 12123.0893

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12156.2113	12083.3974	12115.4948
February	12208.0761	12114.5010	12131.6516
March	12156.8808	12069.7783	12121.6947
April	12160.9660	12088.5119	12120.5346
May	12149.2913	12074.5197	12123.1501
June	12208.8293	12115.3724	12139.5569
July	12200.2289	12108.3580	12147.1271
August	12195.4966	12074.9717	12159.5262
September	12213.1582	12173.6983	12192.6288
October	12240.7438	12158.7206	12186.6179
November	12225.1879	12127.2242	12164.9342
December	12204.2072	12131.5662	12168.9613