YEARLY HIGH
29597.0360 SLL
YEARLY LOW
29551.1556 SLL
YEARLY AVERAGE
29579.1502 SLL

2024 JOD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 29597.0360. Conversely, the yearly low was recorded on January 2, dropping to 29551.1556.

This high-to-low spread represents a total annual volatility of 45.8804 SLL. From a start-to-finish perspective, comparing the January average rate of 29558.4120 to the December average rate of 29566.3446, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 29597.0360 was down 0.10% compared to the 2023 peak of 29626.3069, 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 147,985,180 SLL
2023 Average 134,562,138 SLL
Yearly Trough Low 147,755,778 SLL
Transaction Impact: A difference of 229,402.05 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29593.0888
29555.2595
JanuMarcMayJulySeptNove

JOD to SLL 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 29577.1374, compared to 29581.1629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0255 points.

H1 Avg (Jan–Jun) 29577.1374
H2 Avg (Jul–Dec) 29581.1629

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 33.3817 SLL (High: 29597.0360 / Low: 29563.6543). On the other end, March was the most stable month, with a tight range of 4.1721 SLL (High: 29580.3357 / Low: 29576.1636).

October Spread (Volatile) ±33.3817
March Spread (Stable) ±4.1721

Growth Streaks & Declines

Trends

Between May and September, 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 October and November, when the average rate fell by 15.5588 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -15.5588

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 29588.1451) against the same month in 2023 (average: 29617.6693), the exchange rate shifted by -29.5242 (-0.10%).

2024 Avg (August) 29588.1451
2023 Avg (August) 29617.6693

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29567.8229 29551.1556 29558.4120
February 29576.1636 29567.8229 29572.2806
March 29580.3357 29576.1636 29579.6628
April 29588.6835 29580.3357 29584.6486
May 29588.6835 29580.3357 29582.8938
June 29588.6835 29580.3357 29584.9269
July 29588.6835 29584.5090 29588.0102
August 29597.0360 29584.5090 29588.1451
September 29597.0360 29588.6835 29589.9364
October 29597.0360 29563.6543 29585.0500
November 29571.9927 29559.4869 29569.4912
December 29571.9927 29559.4869 29566.3446