YEARLY HIGH
21.2704 SCR
YEARLY LOW
18.0856 SCR
YEARLY AVERAGE
19.2849 SCR

2024 JOD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 21.2704. Conversely, the yearly low was recorded on September 24, dropping to 18.0856.

This high-to-low spread represents a total annual volatility of 3.1848 SCR. From a start-to-finish perspective, comparing the January average rate of 18.8636 to the December average rate of 19.9056, the exchange rate registered a net change of 5.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.2704 was up 6.44% compared to the 2023 peak of 19.9827, 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 106,352 SCR
2023 Average 94,754 SCR
Yearly Trough Low 90,428 SCR
Transaction Impact: A difference of 15,923.99 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.0098
18.7594
JanuMarcMayJulySeptNove

JOD to SCR 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 19.1580, compared to 19.4118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2538 points.

H1 Avg (Jan–Jun) 19.1580
H2 Avg (Jul–Dec) 19.4118

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 3.0996 SCR (High: 21.1921 / Low: 18.0925). On the other end, May was the most stable month, with a tight range of 0.5905 SCR (High: 19.5260 / Low: 18.9355).

August Spread (Volatile) ±3.0996
May Spread (Stable) ±0.5905

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4030 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 19.9056) against the same month in 2023 (average: 18.9371), the exchange rate shifted by +0.9685 (+5.11%).

2024 Avg (December) 19.9056
2023 Avg (December) 18.9371

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.5681 18.4099 18.8636
February 19.4884 18.5936 18.9801
March 20.0877 18.8059 19.1735
April 20.2719 18.9190 19.1752
May 19.5260 18.9355 19.2664
June 20.7162 19.1289 19.4891
July 19.9114 19.0581 19.4662
August 21.1921 18.0925 19.3807
September 19.6966 18.0856 18.9777
October 21.2317 18.4516 19.3509
November 20.1585 18.8921 19.3898
December 21.2704 18.7636 19.9056