YEARLY HIGH
301.8281 GYD
YEARLY LOW
292.5298 GYD
YEARLY AVERAGE
295.1265 GYD

2024 JOD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 301.8281. Conversely, the yearly low was recorded on August 4, dropping to 292.5298.

This high-to-low spread represents a total annual volatility of 9.2983 GYD. From a start-to-finish perspective, comparing the January average rate of 294.9924 to the December average rate of 294.8494, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 301.8281 was up 0.54% compared to the 2023 peak of 300.2054, 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 1,509,140 GYD
2023 Average 1,481,458 GYD
Yearly Trough Low 1,462,649 GYD
Transaction Impact: A difference of 46,491.54 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

295.3696
294.8022
JanuMarcMayJulySeptNove

JOD to GYD 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 295.1648, compared to 295.0883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0766 points.

H1 Avg (Jan–Jun) 295.1648
H2 Avg (Jul–Dec) 295.0883

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 8.0154 GYD (High: 301.8281 / Low: 293.8127). On the other end, July was the most stable month, with a tight range of 1.1987 GYD (High: 295.4340 / Low: 294.2353).

March Spread (Volatile) ±8.0154
July Spread (Stable) ±1.1987

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 October and November, when the average rate fell by 0.2829 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2829

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 295.3043) against the same month in 2023 (average: 296.9584), the exchange rate shifted by -1.6541 (-0.56%).

2024 Avg (March) 295.3043
2023 Avg (March) 296.9584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 295.8961 294.0865 294.9924
February 297.7008 294.4630 295.1682
March 301.8281 293.8127 295.3043
April 295.9328 294.3354 295.2249
May 295.8056 293.5852 295.1239
June 297.1134 294.4143 295.1753
July 295.4340 294.2353 295.1073
August 296.0176 292.5298 294.9519
September 295.7487 294.4788 295.2591
October 296.5005 294.6946 295.3223
November 296.6978 293.6993 295.0395
December 295.3789 293.7782 294.8494