YEARLY HIGH
813.2189 SOS
YEARLY LOW
799.0889 SOS
YEARLY AVERAGE
805.8889 SOS

2024 JOD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 813.2189. Conversely, the yearly low was recorded on August 3, dropping to 799.0889.

This high-to-low spread represents a total annual volatility of 14.1300 SOS. From a start-to-finish perspective, comparing the January average rate of 805.2224 to the December average rate of 805.5617, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 813.2189 was up 0.39% compared to the 2023 peak of 810.0332, 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 4,066,095 SOS
2023 Average 4,013,786 SOS
Yearly Trough Low 3,995,445 SOS
Transaction Impact: A difference of 70,650.02 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

806.6367
804.8725
JanuMarcMayJulySeptNove

JOD to SOS 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 805.8639, compared to 805.9138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0499 points.

H1 Avg (Jan–Jun) 805.8639
H2 Avg (Jul–Dec) 805.9138

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 10.0462 SOS (High: 809.1351 / Low: 799.0889). On the other end, July was the most stable month, with a tight range of 2.8606 SOS (High: 806.9874 / Low: 804.1268).

August Spread (Volatile) ±10.0462
July Spread (Stable) ±2.8606

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9329 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 806.2703) against the same month in 2023 (average: 801.5278), the exchange rate shifted by +4.7425 (+0.59%).

2024 Avg (February) 806.2703
2023 Avg (February) 801.5278

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 807.6159 802.4229 805.2224
February 813.2189 804.4056 806.2703
March 808.3278 802.5344 805.8582
April 808.3962 804.0514 806.0522
May 807.7043 801.9340 805.6399
June 811.6137 804.2739 806.1402
July 806.9874 804.1268 805.9525
August 809.1351 799.0889 805.0195
September 810.5248 804.4210 806.3835
October 809.9110 805.2706 806.4897
November 810.4912 804.2720 806.0761
December 806.9785 802.5159 805.5617