2024 JOD to HKD Historical Review

YEARLY HIGH

11.0576 HKD

YEARLY LOW

10.9466 HKD

YEARLY AVERAGE

11.0067 HKD

2024 JOD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 11.0576. Conversely, the yearly low was recorded on December 27, dropping to 10.9466.

This high-to-low spread represents a total annual volatility of 0.1110 HKD. From a start-to-finish perspective, comparing the January average rate of 11.0181 to the December average rate of 10.9606, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.0576 was down 0.22% compared to the 2023 peak of 11.0820, 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 55,288 HKD

2023 Average 55,195 HKD

Yearly Trough Low 54,733 HKD

Transaction Impact: A difference of 555.05 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.0570

10.9519

JanuMarcMayJulySeptNove

JOD to HKD 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 11.0286, compared to 10.9848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0439 points.

H1 Avg (Jan–Jun) 11.0286

H2 Avg (Jul–Dec) 10.9848

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0419 HKD (High: 11.0090 / Low: 10.9671). On the other end, July was the most stable month, with a tight range of 0.0100 HKD (High: 11.0255 / Low: 11.0155).

September Spread (Volatile) ±0.0419

July Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.0322 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0322

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 11.0483) against the same month in 2023 (average: 11.0653), the exchange rate shifted by -0.0170 (-0.15%).

2024 Avg (April) 11.0483

2023 Avg (April) 11.0653

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.0323	11.0040	11.0181
February	11.0416	11.0249	11.0305
March	11.0421	11.0305	11.0360
April	11.0576	11.0389	11.0483
May	11.0387	11.0011	11.0196
June	11.0310	11.0127	11.0192
July	11.0255	11.0155	11.0195
August	11.0261	10.9891	11.0016
September	11.0090	10.9671	10.9941
October	10.9704	10.9536	10.9618
November	10.9810	10.9559	10.9708
December	10.9776	10.9466	10.9606