YEARLY HIGH
0.9611 JOD
YEARLY LOW
0.9236 JOD
YEARLY AVERAGE
0.9414 JOD

2024 XDR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.9611. Conversely, the yearly low was recorded on December 29, dropping to 0.9236.

This high-to-low spread represents a total annual volatility of 0.0375 JOD. From a start-to-finish perspective, comparing the January average rate of 0.9473 to the December average rate of 0.9303, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9611 was down 1.04% compared to the 2023 peak of 0.9712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,805 JOD
2023 Average 4,733 JOD
Yearly Trough Low 4,618 JOD
Transaction Impact: A difference of 187.46 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9586
0.9277
JanuMarcMayJulySeptNove

XDR 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 0.9400, compared to 0.9428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.9400
H2 Avg (Jul–Dec) 0.9428

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0217 JOD (High: 0.9611 / Low: 0.9394). On the other end, September was the most stable month, with a tight range of 0.0077 JOD (High: 0.9603 / Low: 0.9526).

October Spread (Volatile) ±0.0217
September Spread (Stable) ±0.0077

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 0.0116 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.9490) against the same month in 2023 (average: 0.9317), the exchange rate shifted by +0.0173 (+1.85%).

2024 Avg (October) 0.9490
2023 Avg (October) 0.9317

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9544 0.9435 0.9473
February 0.9462 0.9339 0.9412
March 0.9473 0.9384 0.9428
April 0.9424 0.9293 0.9361
May 0.9412 0.9335 0.9369
June 0.9409 0.9316 0.9355
July 0.9404 0.9323 0.9372
August 0.9554 0.9406 0.9469
September 0.9603 0.9526 0.9560
October 0.9611 0.9394 0.9490
November 0.9466 0.9266 0.9373
December 0.9364 0.9236 0.9303