2024 SEK to JOD Historical Review

YEARLY HIGH

0.0704 JOD

YEARLY LOW

0.0637 JOD

YEARLY AVERAGE

0.0671 JOD

2024 SEK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0704. Conversely, the yearly low was recorded on December 25, dropping to 0.0637.

This high-to-low spread represents a total annual volatility of 0.0068 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0686 to the December average rate of 0.0645, the exchange rate registered a net change of -5.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0704 was down 1.32% compared to the 2023 peak of 0.0714, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 352 JOD

2023 Average 334 JOD

Yearly Trough Low 318 JOD

Transaction Impact: A difference of 33.84 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0698

0.0640

JanuMarcMayJulySeptNove

SEK 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 0.0672, compared to 0.0669 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) 0.0672

H2 Avg (Jul–Dec) 0.0669

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0038 JOD (High: 0.0698 / Low: 0.0660). On the other end, June was the most stable month, with a tight range of 0.0016 JOD (High: 0.0682 / Low: 0.0667).

August Spread (Volatile) ±0.0038

June Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.0025 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0686) against the same month in 2023 (average: 0.0683), the exchange rate shifted by +0.0003 (+0.43%).

2024 Avg (January) 0.0686

2023 Avg (January) 0.0683

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0704	0.0677	0.0686
February	0.0690	0.0669	0.0680
March	0.0694	0.0662	0.0680
April	0.0672	0.0643	0.0655
May	0.0673	0.0649	0.0660
June	0.0682	0.0667	0.0674
July	0.0685	0.0654	0.0667
August	0.0698	0.0660	0.0682
September	0.0703	0.0682	0.0693
October	0.0690	0.0664	0.0677
November	0.0669	0.0641	0.0651
December	0.0654	0.0637	0.0645