YEARLY HIGH
18335.9188 SYP
YEARLY LOW
3540.7694 SYP
YEARLY AVERAGE
3981.4848 SYP

2024 JOD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 18335.9188. Conversely, the yearly low was recorded on January 2, dropping to 3540.7694.

This high-to-low spread represents a total annual volatility of 14795.1493 SYP. From a start-to-finish perspective, comparing the January average rate of 3541.6389 to the December average rate of 8790.9224, the exchange rate registered a net change of 148.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18335.9188 was up 416.54% compared to the 2023 peak of 3549.7739, 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 91,679,594 SYP
2023 Average 17,713,259 SYP
Yearly Trough Low 17,703,847 SYP
Transaction Impact: A difference of 73,975,746.61 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9315.8507
3016.7105
JanuMarcMayJulySeptNove

JOD to SYP 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 3543.8825, compared to 4419.0870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 875.2045 points.

H1 Avg (Jan–Jun) 3543.8825
H2 Avg (Jul–Dec) 4419.0870

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 14794.1511 SYP (High: 18335.9188 / Low: 3541.7677). On the other end, March was the most stable month, with a tight range of 0.4999 SYP (High: 3544.2658 / Low: 3543.7659).

December Spread (Volatile) ±14794.1511
March Spread (Stable) ±0.4999

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 1.8642 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.8642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 8790.9224) against the same month in 2023 (average: 3541.6067), the exchange rate shifted by +5249.3157 (+148.22%).

2024 Avg (December) 8790.9224
2023 Avg (December) 3541.6067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3542.7665 3540.7694 3541.6389
February 3543.7659 3542.7665 3543.3006
March 3544.2658 3543.7659 3544.1851
April 3545.2660 3544.2658 3544.7825
May 3545.2660 3544.2658 3544.5723
June 3545.2660 3544.2658 3544.8159
July 3545.2660 3544.7658 3545.1853
August 3546.2668 3544.7658 3545.2015
September 3546.2668 3545.2660 3545.4161
October 3546.2668 3542.2670 3544.8306
November 3543.2661 3541.7677 3542.9664
December 18335.9188 3541.7677 8790.9224