2024 JOD to KPW Historical Review

YEARLY HIGH

1270.2893 KPW

YEARLY LOW

1268.3202 KPW

YEARLY AVERAGE

1269.5217 KPW

2024 JOD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 1270.2893. Conversely, the yearly low was recorded on January 2, dropping to 1268.3202.

This high-to-low spread represents a total annual volatility of 1.9692 KPW. From a start-to-finish perspective, comparing the January average rate of 1268.6316 to the December average rate of 1268.9721, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1270.2893 was down 0.10% compared to the 2023 peak of 1271.5456, 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 6,351,447 KPW

2023 Average 6,344,972 KPW

Yearly Trough Low 6,341,601 KPW

Transaction Impact: A difference of 9,845.82 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1270.1199

1268.4963

JanuMarcMayJulySeptNove

JOD to KPW 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 1269.4353, compared to 1269.6081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1728 points.

H1 Avg (Jan–Jun) 1269.4353

H2 Avg (Jul–Dec) 1269.6081

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.4327 KPW (High: 1270.2893 / Low: 1268.8566). On the other end, March was the most stable month, with a tight range of 0.1791 KPW (High: 1269.5726 / Low: 1269.3935).

October Spread (Volatile) ±1.4327

March Spread (Stable) ±0.1791

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6678 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1269.9078) against the same month in 2023 (average: 1271.1749), the exchange rate shifted by -1.2672 (-0.10%).

2024 Avg (August) 1269.9078

2023 Avg (August) 1271.1749

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1269.0355	1268.3202	1268.6316
February	1269.3935	1269.0355	1269.2269
March	1269.5726	1269.3935	1269.5437
April	1269.9309	1269.5726	1269.7577
May	1269.9309	1269.5726	1269.6824
June	1269.9309	1269.5726	1269.7696
July	1269.9309	1269.7517	1269.9020
August	1270.2893	1269.7517	1269.9078
September	1270.2893	1269.9309	1269.9846
October	1270.2893	1268.8566	1269.7749
November	1269.2145	1268.6778	1269.1071
December	1269.2145	1268.6778	1268.9721