2024 JOD to LRD Historical Review

YEARLY HIGH

282.3688 LRD

YEARLY LOW

252.3970 LRD

YEARLY AVERAGE

269.9859 LRD

2024 JOD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 282.3688. Conversely, the yearly low was recorded on December 5, dropping to 252.3970.

This high-to-low spread represents a total annual volatility of 29.9718 LRD. From a start-to-finish perspective, comparing the January average rate of 266.6060 to the December average rate of 254.6156, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 282.3688 was up 6.31% compared to the 2023 peak of 265.6074, 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 1,411,844 LRD

2023 Average 1,231,832 LRD

Yearly Trough Low 1,261,985 LRD

Transaction Impact: A difference of 149,858.85 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

278.1125

252.4795

JanuMarcMayJulySeptNove

JOD to LRD 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 270.9148, compared to 269.0569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8579 points.

H1 Avg (Jan–Jun) 270.9148

H2 Avg (Jul–Dec) 269.0569

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 18.3342 LRD (High: 270.8113 / Low: 252.4772). On the other end, May was the most stable month, with a tight range of 0.8080 LRD (High: 273.7020 / Low: 272.8940).

November Spread (Volatile) ±18.3342

May Spread (Stable) ±0.8080

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 10.9475 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -10.9475

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 275.9764) against the same month in 2023 (average: 262.9619), the exchange rate shifted by +13.0146 (+4.95%).

2024 Avg (September) 275.9764

2023 Avg (September) 262.9619

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	267.9075	265.6074	266.6060
February	270.2397	267.9075	268.6142
March	271.9001	270.2779	271.4583
April	273.2467	265.2744	271.9323
May	273.7020	272.8940	273.0629
June	274.4359	273.0111	273.8152
July	275.8572	273.5610	275.0239
August	280.3593	274.2776	275.9337
September	282.3688	273.3383	275.9764
October	273.5217	270.6973	271.8697
November	270.8113	252.4772	260.9222
December	259.4666	252.3970	254.6156