YEARLY HIGH
0.0085 JOD
YEARLY LOW
0.0062 JOD
YEARLY AVERAGE
0.0077 JOD

2024 RUB to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.0085. Conversely, the yearly low was recorded on December 31, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0023 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0079 to the December average rate of 0.0068, the exchange rate registered a net change of -13.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0085 was down 21.02% compared to the 2023 peak of 0.0107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 42 JOD
2023 Average 42 JOD
Yearly Trough Low 31 JOD
Transaction Impact: A difference of 11.26 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0082
0.0067
JanuMarcMayJulySeptNove

RUB 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 0.0078, compared to 0.0075 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) 0.0078
H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0011 JOD (High: 0.0074 / Low: 0.0063). On the other end, April was the most stable month, with a tight range of 0.0002 JOD (High: 0.0077 / Low: 0.0075).

November Spread (Volatile) ±0.0011
April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and July, 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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0080) against the same month in 2023 (average: 0.0085), the exchange rate shifted by -0.0005 (-5.49%).

2024 Avg (June) 0.0080
2023 Avg (June) 0.0085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0081 0.0077 0.0079
February 0.0078 0.0075 0.0077
March 0.0078 0.0076 0.0077
April 0.0077 0.0075 0.0076
May 0.0080 0.0076 0.0078
June 0.0085 0.0078 0.0080
July 0.0083 0.0080 0.0081
August 0.0084 0.0077 0.0080
September 0.0081 0.0075 0.0078
October 0.0075 0.0073 0.0074
November 0.0074 0.0063 0.0070
December 0.0072 0.0062 0.0068