2024 JOD to SRD Historical Review

YEARLY HIGH

52.0863 SRD

YEARLY LOW

40.4515 SRD

YEARLY AVERAGE

46.7571 SRD

2024 JOD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 52.0863. Conversely, the yearly low was recorded on August 13, dropping to 40.4515.

This high-to-low spread represents a total annual volatility of 11.6347 SRD. From a start-to-finish perspective, comparing the January average rate of 51.7159 to the December average rate of 49.6566, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 52.0863 was down 4.44% compared to the 2023 peak of 54.5071, 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 260,431 SRD

2023 Average 258,107 SRD

Yearly Trough Low 202,258 SRD

Transaction Impact: A difference of 58,173.70 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

52.8243

39.5240

JanuMarcMayJulySeptNove

JOD to SRD 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 48.5808, compared to 44.9334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6474 points.

H1 Avg (Jan–Jun) 48.5808

H2 Avg (Jul–Dec) 44.9334

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 5.1457 SRD (High: 48.4588 / Low: 43.3131). On the other end, August was the most stable month, with a tight range of 0.3238 SRD (High: 40.7754 / Low: 40.4515).

October Spread (Volatile) ±5.1457

August Spread (Stable) ±0.3238

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 2.8188 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.8188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 51.7159) against the same month in 2023 (average: 44.8475), the exchange rate shifted by +6.8684 (+15.31%).

2024 Avg (January) 51.7159

2023 Avg (January) 44.8475

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	52.0863	51.3037	51.7159
February	51.7900	49.7927	50.9854
March	50.0564	49.1649	49.6960
April	49.5020	47.7120	48.8350
May	47.7120	45.3315	46.0162
June	45.4712	43.2101	44.2361
July	43.5080	40.7133	41.8950
August	40.7754	40.4515	40.6324
September	43.3317	40.7577	41.9176
October	48.4588	43.3131	45.8809
November	50.1036	48.4657	49.6177
December	49.9295	49.4262	49.6566