YEARLY HIGH
0.1864 JOD
YEARLY LOW
0.1540 JOD
YEARLY AVERAGE
0.1781 JOD

2024 PLN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.1864. Conversely, the yearly low was recorded on January 1, dropping to 0.1540.

This high-to-low spread represents a total annual volatility of 0.0324 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1766 to the December average rate of 0.1740, the exchange rate registered a net change of -1.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1864 was up 2.18% compared to the 2023 peak of 0.1824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 3,728 JOD
2023 Average 3,384 JOD
Yearly Trough Low 3,080 JOD
Transaction Impact: A difference of 647.63 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1851
0.1729
JanuMarcMayJulySeptNove

PLN 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 0.1774, compared to 0.1788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.1774
H2 Avg (Jul–Dec) 0.1788

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0255 JOD (High: 0.1795 / Low: 0.1540). On the other end, February was the most stable month, with a tight range of 0.0037 JOD (High: 0.1787 / Low: 0.1750).

January Spread (Volatile) ±0.0255
February Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1841) against the same month in 2023 (average: 0.1645), the exchange rate shifted by +0.0196 (+11.91%).

2024 Avg (September) 0.1841
2023 Avg (September) 0.1645

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1795 0.1540 0.1766
February 0.1787 0.1750 0.1770
March 0.1813 0.1773 0.1789
April 0.1808 0.1724 0.1766
May 0.1811 0.1755 0.1790
June 0.1809 0.1732 0.1765
July 0.1817 0.1763 0.1797
August 0.1863 0.1777 0.1821
September 0.1864 0.1819 0.1841
October 0.1828 0.1759 0.1789
November 0.1780 0.1703 0.1740
December 0.1760 0.1716 0.1740