2024 JOD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JOD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JOD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 11313.7700. Conversely, the yearly low was recorded on January 7, dropping to 10201.6795.
This high-to-low spread represents a total annual volatility of 1112.0906 PYG. From a start-to-finish perspective, comparing the January average rate of 10264.5550 to the December average rate of 11006.8851, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 11313.7700 was up 7.40% compared to the 2023 peak of 10534.5958, 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 PYG 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 10416.1306, compared to 10906.9483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 490.8177 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 326.1667 PYG (High: 11313.7700 / Low: 10987.6034). On the other end, December was the most stable month, with a tight range of 93.1666 PYG (High: 11045.5024 / Low: 10952.3358).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 78.2121 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 11106.8648) against the same month in 2023 (average: 10390.1949), the exchange rate shifted by +716.6699 (+6.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10305.7510 | 10201.6795 | 10264.5550 |
| February | 10357.4211 | 10243.7520 | 10274.0985 |
| March | 10429.8980 | 10260.0170 | 10317.7865 |
| April | 10548.7809 | 10361.3701 | 10435.4977 |
| May | 10643.8006 | 10514.1866 | 10581.3655 |
| June | 10695.7810 | 10584.1016 | 10623.4802 |
| July | 10703.2864 | 10604.1373 | 10652.0411 |
| August | 10847.3567 | 10590.3943 | 10695.7598 |
| September | 11030.9789 | 10823.4110 | 10951.4863 |
| October | 11313.7700 | 10987.6034 | 11106.8648 |
| November | 11143.0657 | 10940.0965 | 11028.6527 |
| December | 11045.5024 | 10952.3358 | 11006.8851 |