2024 JOD to PKR Historical Review

YEARLY HIGH

397.3365 PKR

YEARLY LOW

389.9217 PKR

YEARLY AVERAGE

392.7484 PKR

2024 JOD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 397.3365. Conversely, the yearly low was recorded on February 10, dropping to 389.9217.

This high-to-low spread represents a total annual volatility of 7.4148 PKR. From a start-to-finish perspective, comparing the January average rate of 394.5738 to the December average rate of 392.1036, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 397.3365 was down 8.68% compared to the 2023 peak of 435.1059, 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 1,986,683 PKR

2023 Average 1,970,426 PKR

Yearly Trough Low 1,949,609 PKR

Transaction Impact: A difference of 37,074.00 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

394.8409

391.6359

JanuMarcMayJulySeptNove

JOD to PKR 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 393.1271, compared to 392.3698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7573 points.

H1 Avg (Jan–Jun) 393.1271

H2 Avg (Jul–Dec) 392.3698

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 7.1295 PKR (High: 397.3365 / Low: 390.2071). On the other end, October was the most stable month, with a tight range of 1.6855 PKR (High: 393.2819 / Low: 391.5964).

January Spread (Volatile) ±7.1295

October Spread (Stable) ±1.6855

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.1055 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 394.5738) against the same month in 2023 (average: 329.4805), the exchange rate shifted by +65.0933 (+19.76%).

2024 Avg (January) 394.5738

2023 Avg (January) 329.4805

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	397.3365	390.2071	394.5738
February	394.5346	389.9217	393.4683
March	394.2493	391.5690	393.0343
April	393.8001	391.2282	392.3002
May	393.3085	390.8724	392.5303
June	394.5194	391.9936	392.8555
July	393.4669	391.6989	392.6919
August	393.7540	390.2823	392.8303
September	393.5041	391.5525	392.6587
October	393.2819	391.5964	392.0310
November	393.4641	390.9779	391.9030
December	393.4063	390.8542	392.1036