YEARLY HIGH
741.5246 KZT
YEARLY LOW
619.5368 KZT
YEARLY AVERAGE
662.2895 KZT

2024 JOD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 741.5246. Conversely, the yearly low was recorded on May 16, dropping to 619.5368.

This high-to-low spread represents a total annual volatility of 121.9877 KZT. From a start-to-finish perspective, comparing the January average rate of 636.7438 to the December average rate of 734.6194, the exchange rate registered a net change of 15.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 741.5246 was up 9.62% compared to the 2023 peak of 676.4659, 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 3,707,623 KZT
2023 Average 3,218,020 KZT
Yearly Trough Low 3,097,684 KZT
Transaction Impact: A difference of 609,938.64 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

745.6918
612.8227
JanuMarcMayJulySeptNove

JOD to KZT 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 633.8525, compared to 690.7266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 56.8741 points.

H1 Avg (Jan–Jun) 633.8525
H2 Avg (Jul–Dec) 690.7266

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 39.2006 KZT (High: 728.0224 / Low: 688.8219). On the other end, September was the most stable month, with a tight range of 8.1625 KZT (High: 682.0366 / Low: 673.8741).

November Spread (Volatile) ±39.2006
September Spread (Stable) ±8.1625

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 5.5178 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -5.5178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 734.6194) against the same month in 2023 (average: 647.2286), the exchange rate shifted by +87.3908 (+13.50%).

2024 Avg (December) 734.6194
2023 Avg (December) 647.2286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 645.7475 627.2013 636.7438
February 643.3180 629.3651 635.6613
March 637.9712 627.1614 633.7169
April 633.4160 622.8717 629.4130
May 630.3429 619.5368 623.8951
June 666.0206 629.5271 643.6848
July 678.2479 666.3777 670.5927
August 681.9533 663.6638 675.3268
September 682.0366 673.8741 677.8370
October 700.1233 678.3983 685.7618
November 728.0224 688.8219 700.2218
December 741.5246 717.7008 734.6194