YEARLY HIGH
0.0676 JOD
YEARLY LOW
0.0643 JOD
YEARLY AVERAGE
0.0658 JOD

2024 TJS to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0676. Conversely, the yearly low was recorded on February 4, dropping to 0.0643.

This high-to-low spread represents a total annual volatility of 0.0033 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0649 to the December average rate of 0.0650, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0676 was down 4.57% compared to the 2023 peak of 0.0709, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 338 JOD
2023 Average 328 JOD
Yearly Trough Low 322 JOD
Transaction Impact: A difference of 16.50 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0670
0.0646
JanuMarcMayJulySeptNove

TJS 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 0.0652, compared to 0.0663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0652
H2 Avg (Jul–Dec) 0.0663

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0019 JOD (High: 0.0669 / Low: 0.0650). On the other end, April was the most stable month, with a tight range of 0.0003 JOD (High: 0.0650 / Low: 0.0647).

November Spread (Volatile) ±0.0019
April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0015 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0668) against the same month in 2023 (average: 0.0645), the exchange rate shifted by +0.0023 (+3.58%).

2024 Avg (August) 0.0668
2023 Avg (August) 0.0645

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0651 0.0647 0.0649
February 0.0650 0.0643 0.0648
March 0.0650 0.0645 0.0648
April 0.0650 0.0647 0.0648
May 0.0661 0.0649 0.0654
June 0.0670 0.0656 0.0663
July 0.0670 0.0662 0.0666
August 0.0676 0.0662 0.0668
September 0.0668 0.0663 0.0666
October 0.0668 0.0663 0.0665
November 0.0669 0.0650 0.0665
December 0.0652 0.0648 0.0650