2024 PEN to JOD Historical Review

YEARLY HIGH

0.1931 JOD

YEARLY LOW

0.1828 JOD

YEARLY AVERAGE

0.1889 JOD

2024 PEN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.1931. Conversely, the yearly low was recorded on February 14, dropping to 0.1828.

This high-to-low spread represents a total annual volatility of 0.0103 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1901 to the December average rate of 0.1901, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1931 was down 3.12% compared to the 2023 peak of 0.1993, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 966 JOD

2023 Average 949 JOD

Yearly Trough Low 914 JOD

Transaction Impact: A difference of 51.62 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1914

0.1847

JanuMarcMayJulySeptNove

PEN 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 0.1891, compared to 0.1888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1891

H2 Avg (Jul–Dec) 0.1888

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0065 JOD (High: 0.1908 / Low: 0.1844). On the other end, August was the most stable month, with a tight range of 0.0024 JOD (High: 0.1911 / Low: 0.1887).

July Spread (Volatile) ±0.0065

August Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between June and August, 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 0.0049 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1908) against the same month in 2023 (average: 0.1888), the exchange rate shifted by +0.0019 (+1.03%).

2024 Avg (April) 0.1908

2023 Avg (April) 0.1888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1922	0.1860	0.1901
February	0.1875	0.1828	0.1852
March	0.1931	0.1873	0.1908
April	0.1931	0.1882	0.1908
May	0.1922	0.1883	0.1900
June	0.1901	0.1848	0.1874
July	0.1908	0.1844	0.1883
August	0.1911	0.1887	0.1898
September	0.1907	0.1856	0.1880
October	0.1912	0.1879	0.1890
November	0.1897	0.1862	0.1876
December	0.1912	0.1887	0.1901