2024 SCR to JOD Historical Review

YEARLY HIGH

0.0553 JOD

YEARLY LOW

0.0470 JOD

YEARLY AVERAGE

0.0519 JOD

2024 SCR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.0553. Conversely, the yearly low was recorded on December 16, dropping to 0.0470.

This high-to-low spread represents a total annual volatility of 0.0083 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0530 to the December average rate of 0.0503, the exchange rate registered a net change of -5.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0553 was down 0.76% compared to the 2023 peak of 0.0557, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 276 JOD

2023 Average 264 JOD

Yearly Trough Low 235 JOD

Transaction Impact: A difference of 41.39 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0533

0.0500

JanuMarcMayJulySeptNove

SCR 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 0.0522, compared to 0.0516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0522

H2 Avg (Jul–Dec) 0.0516

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0081 JOD (High: 0.0553 / Low: 0.0472). On the other end, May was the most stable month, with a tight range of 0.0016 JOD (High: 0.0528 / Low: 0.0512).

August Spread (Volatile) ±0.0081

May Spread (Stable) ±0.0016

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 November and December, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0527) against the same month in 2023 (average: 0.0539), the exchange rate shifted by -0.0012 (-2.29%).

2024 Avg (September) 0.0527

2023 Avg (September) 0.0539

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0543	0.0511	0.0530
February	0.0538	0.0513	0.0527
March	0.0532	0.0498	0.0522
April	0.0529	0.0493	0.0522
May	0.0528	0.0512	0.0519
June	0.0523	0.0483	0.0513
July	0.0525	0.0502	0.0514
August	0.0553	0.0472	0.0516
September	0.0553	0.0508	0.0527
October	0.0542	0.0471	0.0517
November	0.0529	0.0496	0.0516
December	0.0533	0.0470	0.0503