YEARLY HIGH
0.4189 JOD
YEARLY LOW
0.3952 JOD
YEARLY AVERAGE
0.4058 JOD

2019 BGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.4189. Conversely, the yearly low was recorded on September 30, dropping to 0.3952.

This high-to-low spread represents a total annual volatility of 0.0237 JOD. From a start-to-finish perspective, comparing the January average rate of 0.4143 to the December average rate of 0.4028, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4189 was down 7.69% compared to the 2018 peak of 0.4538, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,095 JOD
2018 Average 2,142 JOD
Yearly Trough Low 1,976 JOD
Transaction Impact: A difference of 118.43 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4158
0.3976
JanuMarcMayJulySeptNove

BGN 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 0.4095, compared to 0.4022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.4095
H2 Avg (Jul–Dec) 0.4022

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0089 JOD (High: 0.4189 / Low: 0.4100). On the other end, May was the most stable month, with a tight range of 0.0040 JOD (High: 0.4074 / Low: 0.4034).

January Spread (Volatile) ±0.0089
May Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0040 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.4143) against the same month in 2018 (average: 0.4426), the exchange rate shifted by -0.0284 (-6.41%).

2019 Avg (January) 0.4143
2018 Avg (January) 0.4426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4189 0.4100 0.4143
February 0.4151 0.4088 0.4117
March 0.4141 0.4059 0.4096
April 0.4099 0.4041 0.4069
May 0.4074 0.4034 0.4056
June 0.4132 0.4049 0.4092
July 0.4096 0.4013 0.4065
August 0.4066 0.3982 0.4031
September 0.4016 0.3952 0.3991
October 0.4044 0.3958 0.4007
November 0.4047 0.3989 0.4007
December 0.4066 0.3997 0.4028