YEARLY HIGH
12.4506 SVC
YEARLY LOW
12.2350 SVC
YEARLY AVERAGE
12.3406 SVC

2024 JOD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 12.4506. Conversely, the yearly low was recorded on August 4, dropping to 12.2350.

This high-to-low spread represents a total annual volatility of 0.2156 SVC. From a start-to-finish perspective, comparing the January average rate of 12.3319 to the December average rate of 12.3335, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.4506 was up 0.01% compared to the 2023 peak of 12.4490, 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 62,253 SVC
2023 Average 61,659 SVC
Yearly Trough Low 61,175 SVC
Transaction Impact: A difference of 1,077.92 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.3552
12.3298
JanuMarcMayJulySeptNove

JOD to SVC 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 12.3386, compared to 12.3425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 12.3386
H2 Avg (Jul–Dec) 12.3425

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1458 SVC (High: 12.3808 / Low: 12.2350). On the other end, July was the most stable month, with a tight range of 0.0451 SVC (High: 12.3564 / Low: 12.3113).

August Spread (Volatile) ±0.1458
July Spread (Stable) ±0.0451

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0124 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 12.3418) against the same month in 2023 (average: 12.3345), the exchange rate shifted by +0.0073 (+0.06%).

2024 Avg (February) 12.3418
2023 Avg (February) 12.3345

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.3656 12.2998 12.3319
February 12.4506 12.3155 12.3418
March 12.3759 12.2880 12.3354
April 12.3771 12.3095 12.3372
May 12.3628 12.2789 12.3400
June 12.4266 12.3140 12.3451
July 12.3564 12.3113 12.3438
August 12.3808 12.2350 12.3351
September 12.3694 12.3153 12.3491
October 12.4006 12.3311 12.3531
November 12.4092 12.2842 12.3407
December 12.3546 12.2870 12.3335