2024 MDL to JOD Historical Review

YEARLY HIGH

0.0411 JOD

YEARLY LOW

0.0384 JOD

YEARLY AVERAGE

0.0400 JOD

2024 MDL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0411. Conversely, the yearly low was recorded on December 28, dropping to 0.0384.

This high-to-low spread represents a total annual volatility of 0.0027 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0403 to the December average rate of 0.0387, the exchange rate registered a net change of -3.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0411 was up 0.14% compared to the 2023 peak of 0.0410, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MDL based on timing:

Yearly Peak High 205 JOD

2023 Average 196 JOD

Yearly Trough Low 192 JOD

Transaction Impact: A difference of 13.35 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0410

0.0385

JanuMarcMayJulySeptNove

MDL to JOD 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 0.0401, compared to 0.0399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0401

H2 Avg (Jul–Dec) 0.0399

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0014 JOD (High: 0.0408 / Low: 0.0394). On the other end, February was the most stable month, with a tight range of 0.0004 JOD (High: 0.0400 / Low: 0.0396).

October Spread (Volatile) ±0.0014

February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and September, 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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0405) against the same month in 2023 (average: 0.0400), the exchange rate shifted by +0.0005 (+1.21%).

2024 Avg (August) 0.0405

2023 Avg (August) 0.0400

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0410	0.0400	0.0403
February	0.0400	0.0396	0.0398
March	0.0404	0.0399	0.0402
April	0.0403	0.0396	0.0400
May	0.0403	0.0399	0.0401
June	0.0404	0.0396	0.0400
July	0.0403	0.0398	0.0400
August	0.0411	0.0400	0.0405
September	0.0410	0.0405	0.0408
October	0.0408	0.0394	0.0401
November	0.0399	0.0388	0.0393
December	0.0389	0.0384	0.0387