2024 JOD to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JOD to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JOD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 52.1894. Conversely, the yearly low was recorded on January 7, dropping to 51.4787.
This high-to-low spread represents a total annual volatility of 0.7108 NIO. From a start-to-finish perspective, comparing the January average rate of 51.6613 to the December average rate of 51.8662, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 52.1894 was up 0.57% compared to the 2023 peak of 51.8940, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
JOD to NIO Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 51.8571, compared to 51.9105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0534 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.4507 NIO (High: 52.0336 / Low: 51.5829). On the other end, September was the most stable month, with a tight range of 0.1676 NIO (High: 52.0052 / Low: 51.8376).
Growth Streaks & Declines
TrendsBetween January and April, 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 October and November, when the average rate fell by 0.0631 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 51.9156) against the same month in 2023 (average: 51.5288), the exchange rate shifted by +0.3868 (+0.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.7970 | 51.4787 | 51.6613 |
| February | 52.0074 | 51.7407 | 51.8657 |
| March | 52.0594 | 51.6889 | 51.8819 |
| April | 52.1518 | 51.7947 | 51.9316 |
| May | 52.0201 | 51.6949 | 51.8869 |
| June | 52.1894 | 51.8029 | 51.9156 |
| July | 51.9966 | 51.7954 | 51.9253 |
| August | 52.0336 | 51.5829 | 51.9124 |
| September | 52.0052 | 51.8376 | 51.9335 |
| October | 52.1520 | 51.8736 | 51.9445 |
| November | 52.1186 | 51.7704 | 51.8814 |
| December | 51.9650 | 51.6723 | 51.8662 |