YEARLY HIGH
0.0817 JOD
YEARLY LOW
0.0803 JOD
YEARLY AVERAGE
0.0810 JOD

2024 SVC to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0817. Conversely, the yearly low was recorded on February 4, dropping to 0.0803.

This high-to-low spread represents a total annual volatility of 0.0014 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0811 to the December average rate of 0.0811, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0817 was down 0.67% compared to the 2023 peak of 0.0823, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 409 JOD
2023 Average 405 JOD
Yearly Trough Low 402 JOD
Transaction Impact: A difference of 7.08 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0811
0.0809
JanuMarcMayJulySeptNove

SVC 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 0.0810, compared to 0.0810 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) 0.0810
H2 Avg (Jul–Dec) 0.0810

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0010 JOD (High: 0.0817 / Low: 0.0808). On the other end, July was the most stable month, with a tight range of 0.0003 JOD (High: 0.0812 / Low: 0.0809).

August Spread (Volatile) ±0.0010
July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and August, 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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0811) against the same month in 2023 (average: 0.0809), the exchange rate shifted by +0.0002 (+0.19%).

2024 Avg (August) 0.0811
2023 Avg (August) 0.0809

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0813 0.0809 0.0811
February 0.0812 0.0803 0.0810
March 0.0814 0.0808 0.0811
April 0.0812 0.0808 0.0811
May 0.0814 0.0809 0.0810
June 0.0812 0.0805 0.0810
July 0.0812 0.0809 0.0810
August 0.0817 0.0808 0.0811
September 0.0812 0.0808 0.0810
October 0.0811 0.0806 0.0810
November 0.0814 0.0806 0.0810
December 0.0814 0.0809 0.0811