YEARLY HIGH
228.0168 JPY
YEARLY LOW
198.6720 JPY
YEARLY AVERAGE
213.6647 JPY

2024 JOD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 228.0168. Conversely, the yearly low was recorded on September 16, dropping to 198.6720.

This high-to-low spread represents a total annual volatility of 29.3448 JPY. From a start-to-finish perspective, comparing the January average rate of 206.0401 to the December average rate of 217.1897, the exchange rate registered a net change of 5.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 228.0168 was up 6.65% compared to the 2023 peak of 213.8021, 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 1,140,084 JPY
2023 Average 990,698 JPY
Yearly Trough Low 993,360 JPY
Transaction Impact: A difference of 146,724.05 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

225.1886
199.7578
JanuMarcMayJulySeptNove

JOD to JPY 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 214.7336, compared to 212.5959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1378 points.

H1 Avg (Jan–Jun) 214.7336
H2 Avg (Jul–Dec) 212.5959

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 16.6691 JPY (High: 228.0168 / Low: 211.3477). On the other end, February was the most stable month, with a tight range of 6.0374 JPY (High: 212.5589 / Low: 206.5214).

July Spread (Volatile) ±16.6691
February Spread (Stable) ±6.0374

Growth Streaks & Declines

Trends

Between January and June, 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 July and August, when the average rate fell by 15.9856 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -15.9856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 222.3097) against the same month in 2023 (average: 199.0489), the exchange rate shifted by +23.2608 (+11.69%).

2024 Avg (July) 222.3097
2023 Avg (July) 199.0489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 208.9847 198.8656 206.0401
February 212.5589 206.5214 211.0019
March 213.9046 206.9936 211.2584
April 223.2292 213.4257 217.3295
May 222.3535 215.9659 219.7025
June 227.0744 218.8165 223.0694
July 228.0168 211.3477 222.3097
August 210.5717 203.0838 206.3241
September 207.0693 198.6720 201.8770
October 216.2042 202.8316 211.5097
November 220.7023 211.1306 216.3650
December 222.6682 210.8574 217.1897