YEARLY HIGH
31449.2590 STD
YEARLY LOW
31400.5073 STD
YEARLY AVERAGE
31430.2539 STD

2024 JOD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 31449.2590. Conversely, the yearly low was recorded on January 2, dropping to 31400.5073.

This high-to-low spread represents a total annual volatility of 48.7517 STD. From a start-to-finish perspective, comparing the January average rate of 31408.2178 to the December average rate of 31416.6468, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 31449.2590 was down 2.31% compared to the 2023 peak of 32191.8061, 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 157,246,295 STD
2023 Average 159,263,660 STD
Yearly Trough Low 157,002,537 STD
Transaction Impact: A difference of 243,758.35 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

31445.0648
31404.8681
JanuMarcMayJulySeptNove

JOD to STD 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: JanтАУJun) was 31428.1152, compared to 31432.3925 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 4.2774 points.

H1 Avg (JanтАУJun) 31428.1152
H2 Avg (JulтАУDec) 31432.3925

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 35.4708 STD (High: 31449.2590 / Low: 31413.7882). On the other end, March was the most stable month, with a tight range of 4.4332 STD (High: 31431.5136 / Low: 31427.0804).

October Spread (Volatile) ┬▒35.4708
March Spread (Stable) ┬▒4.4332

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 16.5324 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -16.5324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 31439.8117) against the same month in 2023 (average: 31471.1836), the exchange rate shifted by -31.3719 (-0.10%).

2024 Avg (August) 31439.8117
2023 Avg (August) 31471.1836

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 31418.2177 31400.5073 31408.2178
February 31427.0804 31418.2177 31422.9543
March 31431.5136 31427.0804 31430.7986
April 31440.3838 31431.5136 31436.0964
May 31440.3838 31431.5136 31434.2318
June 31440.3838 31431.5136 31436.3921
July 31440.3838 31435.9481 31439.6684
August 31449.2590 31435.9481 31439.8117
September 31449.2590 31440.3838 31441.7151
October 31449.2590 31413.7882 31436.5229
November 31422.6484 31409.3600 31419.9904
December 31422.6484 31409.3600 31416.6468