2024 JOD to KWD Historical Review

YEARLY HIGH

0.4351 KWD

YEARLY LOW

0.4291 KWD

YEARLY AVERAGE

0.4329 KWD

2024 JOD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.4351. Conversely, the yearly low was recorded on August 4, dropping to 0.4291.

This high-to-low spread represents a total annual volatility of 0.0060 KWD. From a start-to-finish perspective, comparing the January average rate of 0.4335 to the December average rate of 0.4339, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4351 was down 0.65% compared to the 2023 peak of 0.4380, 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 2,176 KWD

2023 Average 2,167 KWD

Yearly Trough Low 2,146 KWD

Transaction Impact: A difference of 29.89 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4348

0.4303

JanuMarcMayJulySeptNove

JOD to KWD 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 0.4336, compared to 0.4321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.4336

H2 Avg (Jul–Dec) 0.4321

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0036 KWD (High: 0.4342 / Low: 0.4305). On the other end, January was the most stable month, with a tight range of 0.0011 KWD (High: 0.4341 / Low: 0.4329).

November Spread (Volatile) ±0.0036

January Spread (Stable) ±0.0011

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 April and May, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.4344) against the same month in 2023 (average: 0.4319), the exchange rate shifted by +0.0025 (+0.57%).

2024 Avg (April) 0.4344

2023 Avg (April) 0.4319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4341	0.4329	0.4335
February	0.4347	0.4327	0.4341
March	0.4341	0.4330	0.4337
April	0.4351	0.4337	0.4344
May	0.4349	0.4323	0.4333
June	0.4335	0.4319	0.4325
July	0.4324	0.4309	0.4315
August	0.4321	0.4291	0.4311
September	0.4312	0.4301	0.4307
October	0.4328	0.4311	0.4323
November	0.4342	0.4305	0.4331
December	0.4350	0.4330	0.4339