2024 SGD to JOD Historical Review

YEARLY HIGH

0.5537 JOD

YEARLY LOW

0.5189 JOD

YEARLY AVERAGE

0.5306 JOD

2024 SGD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.5537. Conversely, the yearly low was recorded on December 31, dropping to 0.5189.

This high-to-low spread represents a total annual volatility of 0.0349 JOD. From a start-to-finish perspective, comparing the January average rate of 0.5311 to the December average rate of 0.5250, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5537 was up 1.89% compared to the 2023 peak of 0.5435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,769 JOD

2023 Average 2,641 JOD

Yearly Trough Low 2,594 JOD

Transaction Impact: A difference of 174.31 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5495

0.5197

JanuMarcMayJulySeptNove

SGD 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 0.5263, compared to 0.5348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.5263

H2 Avg (Jul–Dec) 0.5348

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0146 JOD (High: 0.5448 / Low: 0.5302). On the other end, June was the most stable month, with a tight range of 0.0054 JOD (High: 0.5269 / Low: 0.5215).

August Spread (Volatile) ±0.0146

June Spread (Stable) ±0.0054

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 October and November, when the average rate fell by 0.0101 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5470) against the same month in 2023 (average: 0.5198), the exchange rate shifted by +0.0272 (+5.23%).

2024 Avg (September) 0.5470

2023 Avg (September) 0.5198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5376	0.5277	0.5311
February	0.5306	0.5248	0.5272
March	0.5329	0.5251	0.5285
April	0.5271	0.5191	0.5222
May	0.5276	0.5209	0.5248
June	0.5269	0.5215	0.5241
July	0.5304	0.5220	0.5266
August	0.5448	0.5302	0.5388
September	0.5537	0.5422	0.5470
October	0.5501	0.5356	0.5408
November	0.5398	0.5260	0.5307
December	0.5299	0.5189	0.5250