YEARLY HIGH
9.6527 TTD
YEARLY LOW
9.4689 TTD
YEARLY AVERAGE
9.5722 TTD

2024 JOD to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 9.6527. Conversely, the yearly low was recorded on August 4, dropping to 9.4689.

This high-to-low spread represents a total annual volatility of 0.1838 TTD. From a start-to-finish perspective, comparing the January average rate of 9.5641 to the December average rate of 9.5675, 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 9.6527 was down 0.04% compared to the 2023 peak of 9.6565, 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 48,264 TTD
2023 Average 47,834 TTD
Yearly Trough Low 47,345 TTD
Transaction Impact: A difference of 919.08 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9.5829
9.5624
JanuMarcMayJulySeptNove

JOD to TTD 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 9.5714, compared to 9.5730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 9.5714
H2 Avg (Jul–Dec) 9.5730

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1502 TTD (High: 9.6191 / Low: 9.4689). On the other end, October was the most stable month, with a tight range of 0.0512 TTD (High: 9.6118 / Low: 9.5606).

August Spread (Volatile) ±0.1502
October Spread (Stable) ±0.0512

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.0093 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 9.5740) against the same month in 2023 (average: 9.5718), the exchange rate shifted by +0.0022 (+0.02%).

2024 Avg (February) 9.5740
2023 Avg (February) 9.5718

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.5919 9.5114 9.5641
February 9.6527 9.5379 9.5740
March 9.6028 9.5348 9.5733
April 9.6108 9.5263 9.5696
May 9.5920 9.5290 9.5718
June 9.6134 9.5331 9.5755
July 9.5934 9.5278 9.5680
August 9.6191 9.4689 9.5686
September 9.6043 9.5354 9.5812
October 9.6118 9.5606 9.5810
November 9.6370 9.5304 9.5717
December 9.5950 9.5305 9.5675