YEARLY HIGH
670.0226 KMF
YEARLY LOW
622.1354 KMF
YEARLY AVERAGE
642.0448 KMF

2024 JOD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 670.0226. Conversely, the yearly low was recorded on September 22, dropping to 622.1354.

This high-to-low spread represents a total annual volatility of 47.8871 KMF. From a start-to-finish perspective, comparing the January average rate of 636.2134 to the December average rate of 662.6462, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 670.0226 was up 0.95% compared to the 2023 peak of 663.7300, 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 3,350,113 KMF
2023 Average 3,211,264 KMF
Yearly Trough Low 3,110,677 KMF
Transaction Impact: A difference of 239,435.69 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

666.3251
622.1780
JanuMarcMayJulySeptNove

JOD to KMF 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 642.3110, compared to 641.7787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5323 points.

H1 Avg (Jan–Jun) 642.3110
H2 Avg (Jul–Dec) 641.7787

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 31.0448 KMF (High: 666.3383 / Low: 635.2935). On the other end, September was the most stable month, with a tight range of 8.5262 KMF (High: 630.6616 / Low: 622.1354).

November Spread (Volatile) ±31.0448
September Spread (Stable) ±8.5262

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 9.7244 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.7244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 662.6462) against the same month in 2023 (average: 635.9221), the exchange rate shifted by +26.7241 (+4.20%).

2024 Avg (December) 662.6462
2023 Avg (December) 635.9221

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 642.1828 627.3247 636.2134
February 648.2515 639.4528 643.1391
March 643.7442 634.1513 639.1595
April 654.1560 639.8649 647.5273
May 650.9099 638.2518 643.0362
June 649.8517 638.2425 644.7904
July 647.9260 635.7417 640.9094
August 644.2080 622.3365 631.1849
September 630.6616 622.1354 625.8570
October 642.9480 627.8398 637.1299
November 666.3383 635.2935 652.9449
December 670.0226 657.0693 662.6462