2024 JOD to SBD Historical Review

YEARLY HIGH

12.3390 SBD

YEARLY LOW

11.6622 SBD

YEARLY AVERAGE

11.8820 SBD

2024 JOD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 12.3390. Conversely, the yearly low was recorded on October 14, dropping to 11.6622.

This high-to-low spread represents a total annual volatility of 0.6768 SBD. From a start-to-finish perspective, comparing the January average rate of 11.8698 to the December average rate of 11.8145, the exchange rate registered a net change of -0.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.3390 was up 3.01% compared to the 2023 peak of 11.9787, 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 61,695 SBD

2023 Average 58,839 SBD

Yearly Trough Low 58,311 SBD

Transaction Impact: A difference of 3,383.94 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.9954

11.6954

JanuMarcMayJulySeptNove

JOD to SBD 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 11.9341, compared to 11.8300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1041 points.

H1 Avg (Jan–Jun) 11.9341

H2 Avg (Jul–Dec) 11.8300

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.4841 SBD (High: 12.3390 / Low: 11.8549). On the other end, May was the most stable month, with a tight range of 0.0537 SBD (High: 12.0091 / Low: 11.9554).

March Spread (Volatile) ±0.4841

May Spread (Stable) ±0.0537

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1951 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1951

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 11.9422) against the same month in 2023 (average: 11.5990), the exchange rate shifted by +0.3432 (+2.96%).

2024 Avg (March) 11.9422

2023 Avg (March) 11.5990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9167	11.7720	11.8698
February	12.0046	11.8510	11.9212
March	12.3390	11.8549	11.9422
April	12.0593	11.9094	11.9624
May	12.0091	11.9554	11.9704
June	11.9791	11.9066	11.9383
July	11.9599	11.8593	11.9223
August	12.0621	11.8583	11.9641
September	11.9599	11.7009	11.7690
October	11.7803	11.6622	11.7204
November	11.8325	11.7040	11.7895
December	11.8228	11.7538	11.8145