2024 JOD to YER Historical Review

YEARLY HIGH

353.3875 YER

YEARLY LOW

350.9520 YER

YEARLY AVERAGE

353.0375 YER

2024 JOD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 353.3875. Conversely, the yearly low was recorded on February 21, dropping to 350.9520.

This high-to-low spread represents a total annual volatility of 2.4355 YER. From a start-to-finish perspective, comparing the January average rate of 352.8822 to the December average rate of 352.5918, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 353.3875 was down 0.09% compared to the 2023 peak of 353.7075, 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 1,766,938 YER

2023 Average 1,764,745 YER

Yearly Trough Low 1,754,760 YER

Transaction Impact: A difference of 12,177.33 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

353.3229

352.3340

JanuMarcMayJulySeptNove

JOD to YER 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 353.0876, compared to 352.9874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1002 points.

H1 Avg (Jan–Jun) 353.0876

H2 Avg (Jul–Dec) 352.9874

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 2.1509 YER (High: 353.1029 / Low: 350.9520). On the other end, September was the most stable month, with a tight range of 0.1350 YER (High: 353.3168 / Low: 353.1819).

February Spread (Volatile) ±2.1509

September Spread (Stable) ±0.1350

Growth Streaks & Declines

Trends

Between January and April, 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 0.7855 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7855

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 353.2335) against the same month in 2023 (average: 353.5404), the exchange rate shifted by -0.3068 (-0.09%).

2024 Avg (August) 353.2335

2023 Avg (August) 353.5404

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	353.0241	352.6353	352.8822
February	353.1029	350.9520	352.9776
March	353.2233	353.0678	353.1590
April	353.3229	353.1175	353.2319
May	353.3436	352.4475	353.0388
June	353.3583	353.0823	353.2363
July	353.3230	353.1819	353.2402
August	353.3875	352.5116	353.2335
September	353.3168	353.1819	353.2405
October	353.3522	352.9185	353.2020
November	353.0533	352.2422	352.4164
December	353.1237	352.1586	352.5918