YEARLY HIGH
59.3450 UAH
YEARLY LOW
52.7314 UAH
YEARLY AVERAGE
56.6661 UAH

2024 JOD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 59.3450. Conversely, the yearly low was recorded on January 22, dropping to 52.7314.

This high-to-low spread represents a total annual volatility of 6.6137 UAH. From a start-to-finish perspective, comparing the January average rate of 53.3434 to the December average rate of 58.9026, the exchange rate registered a net change of 10.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 59.3450 was up 10.07% compared to the 2023 peak of 53.9180, 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 296,725 UAH
2023 Average 259,422 UAH
Yearly Trough Low 263,657 UAH
Transaction Impact: A difference of 33,068.28 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

59.4585
52.7875
JanuMarcMayJulySeptNove

JOD to UAH 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 55.0469, compared to 58.2853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2384 points.

H1 Avg (Jan–Jun) 55.0469
H2 Avg (Jul–Dec) 58.2853

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.9226 UAH (High: 55.4144 / Low: 53.4918). On the other end, October was the most stable month, with a tight range of 0.3764 UAH (High: 58.4564 / Low: 58.0799).

March Spread (Volatile) ±1.9226
October Spread (Stable) ±0.3764

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0040 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 58.9026) against the same month in 2023 (average: 52.4319), the exchange rate shifted by +6.4707 (+12.34%).

2024 Avg (December) 58.9026
2023 Avg (December) 52.4319

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 53.8909 52.7314 53.3434
February 54.4880 52.8381 53.5780
March 55.4144 53.4918 54.6123
April 56.1436 54.7549 55.5557
May 57.1857 55.3695 56.0611
June 57.6034 56.5669 57.1306
July 58.7408 57.0521 57.8616
August 58.4073 57.6954 58.1052
September 58.6254 57.8391 58.2330
October 58.4564 58.0799 58.2290
November 58.7273 58.1298 58.3803
December 59.3450 58.4156 58.9026