2024 QAR to JOD Historical Review

YEARLY HIGH

0.1961 JOD

YEARLY LOW

0.1926 JOD

YEARLY AVERAGE

0.1946 JOD

2024 QAR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.1961. Conversely, the yearly low was recorded on February 4, dropping to 0.1926.

This high-to-low spread represents a total annual volatility of 0.0035 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1947 to the December average rate of 0.1947, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1961 was down 0.50% compared to the 2023 peak of 0.1971, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 981 JOD

2023 Average 973 JOD

Yearly Trough Low 963 JOD

Transaction Impact: A difference of 17.69 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1948

0.1944

JanuMarcMayJulySeptNove

QAR 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 0.1946, compared to 0.1946 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) 0.1946

H2 Avg (Jul–Dec) 0.1946

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0022 JOD (High: 0.1948 / Low: 0.1926). On the other end, September was the most stable month, with a tight range of 0.0005 JOD (High: 0.1947 / Low: 0.1942).

February Spread (Volatile) ±0.0022

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1948) against the same month in 2023 (average: 0.1943), the exchange rate shifted by +0.0005 (+0.25%).

2024 Avg (August) 0.1948

2023 Avg (August) 0.1943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1949	0.1941	0.1947
February	0.1948	0.1926	0.1946
March	0.1952	0.1943	0.1947
April	0.1948	0.1939	0.1946
May	0.1954	0.1939	0.1946
June	0.1949	0.1930	0.1945
July	0.1947	0.1941	0.1945
August	0.1961	0.1942	0.1948
September	0.1947	0.1942	0.1945
October	0.1948	0.1935	0.1945
November	0.1950	0.1939	0.1947
December	0.1954	0.1943	0.1947