2024 MXN to JOD Historical Review

YEARLY HIGH

0.0434 JOD

YEARLY LOW

0.0340 JOD

YEARLY AVERAGE

0.0389 JOD

2024 MXN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0434. Conversely, the yearly low was recorded on December 31, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.0094 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0416 to the December average rate of 0.0350, the exchange rate registered a net change of -15.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0434 was up 2.20% compared to the 2023 peak of 0.0425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 2,171 JOD

2023 Average 2,003 JOD

Yearly Trough Low 1,699 JOD

Transaction Impact: A difference of 471.69 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0430

0.0342

JanuMarcMayJulySeptNove

MXN 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 0.0415, compared to 0.0364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0415

H2 Avg (Jul–Dec) 0.0364

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0040 JOD (High: 0.0418 / Low: 0.0378). On the other end, February was the most stable month, with a tight range of 0.0004 JOD (High: 0.0416 / Low: 0.0412).

June Spread (Volatile) ±0.0040

February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0032 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0422) against the same month in 2023 (average: 0.0393), the exchange rate shifted by +0.0029 (+7.41%).

2024 Avg (April) 0.0422

2023 Avg (April) 0.0393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0421	0.0410	0.0416
February	0.0416	0.0412	0.0415
March	0.0428	0.0417	0.0423
April	0.0434	0.0412	0.0422
May	0.0428	0.0416	0.0422
June	0.0418	0.0378	0.0390
July	0.0402	0.0378	0.0392
August	0.0380	0.0357	0.0370
September	0.0371	0.0353	0.0362
October	0.0368	0.0352	0.0360
November	0.0358	0.0343	0.0349
December	0.0353	0.0340	0.0350