2024 MZN to JOD Historical Review

YEARLY HIGH

0.0115 JOD

YEARLY LOW

0.0111 JOD

YEARLY AVERAGE

0.0111 JOD

2024 MZN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0115. Conversely, the yearly low was recorded on April 18, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0005 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0111 to the December average rate of 0.0111, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0115 was up 3.04% compared to the 2023 peak of 0.0112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58 JOD

2023 Average 56 JOD

Yearly Trough Low 55 JOD

Transaction Impact: A difference of 2.40 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0111

JanuMarcMayJulySeptNove

MZN 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 0.0111, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0111

H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0004 JOD (High: 0.0115 / Low: 0.0111). On the other end, September was the most stable month, with a tight range of 0.0000 JOD (High: 0.0111 / Low: 0.0111).

January Spread (Volatile) ±0.0004

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0111) against the same month in 2023 (average: 0.0111), the exchange rate shifted by +0.0000 (+0.15%).

2024 Avg (January) 0.0111

2023 Avg (January) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0115	0.0111	0.0111
February	0.0111	0.0111	0.0111
March	0.0111	0.0111	0.0111
April	0.0111	0.0111	0.0111
May	0.0111	0.0111	0.0111
June	0.0111	0.0111	0.0111
July	0.0111	0.0111	0.0111
August	0.0111	0.0111	0.0111
September	0.0111	0.0111	0.0111
October	0.0111	0.0111	0.0111
November	0.0111	0.0111	0.0111
December	0.0111	0.0111	0.0111