2024 NZD to JOD Historical Review

YEARLY HIGH

0.4502 JOD

YEARLY LOW

0.3967 JOD

YEARLY AVERAGE

0.4289 JOD

2024 NZD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.4502. Conversely, the yearly low was recorded on December 31, dropping to 0.3967.

This high-to-low spread represents a total annual volatility of 0.0535 JOD. From a start-to-finish perspective, comparing the January average rate of 0.4380 to the December average rate of 0.4070, the exchange rate registered a net change of -7.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4502 was down 2.60% compared to the 2023 peak of 0.4622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,251 JOD

2023 Average 2,178 JOD

Yearly Trough Low 1,983 JOD

Transaction Impact: A difference of 267.52 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4447

0.4036

JanuMarcMayJulySeptNove

NZD 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 0.4317, compared to 0.4261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.4317

H2 Avg (Jul–Dec) 0.4261

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0232 JOD (High: 0.4438 / Low: 0.4207). On the other end, June was the most stable month, with a tight range of 0.0083 JOD (High: 0.4392 / Low: 0.4309).

August Spread (Volatile) ±0.0232

June Spread (Stable) ±0.0083

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 November and December, when the average rate fell by 0.0120 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4413) against the same month in 2023 (average: 0.4201), the exchange rate shifted by +0.0211 (+5.03%).

2024 Avg (September) 0.4413

2023 Avg (September) 0.4201

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4481	0.4308	0.4380
February	0.4395	0.4293	0.4345
March	0.4381	0.4230	0.4307
April	0.4300	0.4165	0.4220
May	0.4361	0.4205	0.4303
June	0.4392	0.4309	0.4348
July	0.4353	0.4165	0.4276
August	0.4438	0.4207	0.4313
September	0.4502	0.4346	0.4413
October	0.4451	0.4232	0.4307
November	0.4271	0.4121	0.4190
December	0.4188	0.3967	0.4070