YEARLY HIGH
848.9767 SDG
YEARLY LOW
804.9951 SDG
YEARLY AVERAGE
843.6256 SDG

2024 JOD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 848.9767. Conversely, the yearly low was recorded on May 2, dropping to 804.9951.

This high-to-low spread represents a total annual volatility of 43.9816 SDG. From a start-to-finish perspective, comparing the January average rate of 847.1640 to the December average rate of 848.0963, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 848.9767 was down 0.10% compared to the 2023 peak of 849.8163, 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 4,244,884 SDG
2023 Average 4,204,230 SDG
Yearly Trough Low 4,024,975 SDG
Transaction Impact: A difference of 219,908.25 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

850.9069
825.3014
JanuMarcMayJulySeptNove

JOD to SDG 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 840.3192, compared to 846.9321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.6129 points.

H1 Avg (Jan–Jun) 840.3192
H2 Avg (Jul–Dec) 846.9321

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 43.0365 SDG (High: 848.0316 / Low: 804.9951). On the other end, September was the most stable month, with a tight range of 0.2396 SDG (High: 848.9767 / Low: 848.7371).

May Spread (Volatile) ±43.0365
September Spread (Stable) ±0.2396

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 10.0767 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.0767

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 848.7217) against the same month in 2023 (average: 849.3407), the exchange rate shifted by -0.6190 (-0.07%).

2024 Avg (August) 848.7217
2023 Avg (August) 849.3407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 847.4337 846.9560 847.1640
February 847.6728 846.7287 847.4399
March 847.7924 825.9275 837.5118
April 847.0870 826.6328 827.4351
May 848.0316 804.9951 845.0208
June 848.0316 826.6328 837.3433
July 848.7371 826.8661 839.1820
August 848.9767 848.6174 848.7217
September 848.9767 848.7371 848.7731
October 848.9767 848.0192 848.6329
November 848.2584 847.8996 848.1866
December 848.2584 847.8996 848.0963