YEARLY HIGH
63.0880 UYU
YEARLY LOW
52.9470 UYU
YEARLY AVERAGE
56.6884 UYU

2024 JOD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 63.0880. Conversely, the yearly low was recorded on March 31, dropping to 52.9470.

This high-to-low spread represents a total annual volatility of 10.1410 UYU. From a start-to-finish perspective, comparing the January average rate of 55.2170 to the December average rate of 62.0092, the exchange rate registered a net change of 12.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 63.0880 was up 11.64% compared to the 2023 peak of 56.5082, 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 315,440 UYU
2023 Average 273,698 UYU
Yearly Trough Low 264,735 UYU
Transaction Impact: A difference of 50,705.06 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

62.7895
53.4253
JanuMarcMayJulySeptNove

JOD to UYU 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 54.7408, compared to 58.6361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8953 points.

H1 Avg (Jan–Jun) 54.7408
H2 Avg (Jul–Dec) 58.6361

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 2.9010 UYU (High: 59.6463 / Low: 56.7453). On the other end, February was the most stable month, with a tight range of 0.5312 UYU (High: 55.3233 / Low: 54.7921).

September Spread (Volatile) ±2.9010
February Spread (Stable) ±0.5312

Growth Streaks & Declines

Trends

Between April and December, 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 February and March, when the average rate fell by 0.9150 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.9150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 62.0092) against the same month in 2023 (average: 55.3608), the exchange rate shifted by +6.6484 (+12.01%).

2024 Avg (December) 62.0092
2023 Avg (December) 55.3608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.6236 54.5936 55.2170
February 55.3233 54.7921 55.1760
March 55.1121 52.9470 54.2611
April 54.8917 52.9858 54.2057
May 54.6744 53.9065 54.2947
June 55.9688 54.6321 55.2900
July 57.0818 56.3489 56.6763
August 57.3482 56.4671 56.9086
September 59.6463 56.7453 57.8119
October 59.1835 57.8454 58.6860
November 60.6123 58.5021 59.7245
December 63.0880 60.5348 62.0092