YEARLY HIGH
0.9553 JOD
YEARLY LOW
0.8501 JOD
YEARLY AVERAGE
0.9057 JOD

2019 FKP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.9553. Conversely, the yearly low was recorded on August 11, dropping to 0.8501.

This high-to-low spread represents a total annual volatility of 0.1052 JOD. From a start-to-finish perspective, comparing the January average rate of 0.9158 to the December average rate of 0.9298, the exchange rate registered a net change of 1.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9553 was down 6.22% compared to the 2018 peak of 1.0186, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,776 JOD
2018 Average 4,736 JOD
Yearly Trough Low 4,250 JOD
Transaction Impact: A difference of 525.97 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9411
0.8540
JanuMarcMayJulySeptNove

FKP 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 0.9177, compared to 0.8936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 0.9177
H2 Avg (Jul–Dec) 0.8936

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0539 JOD (High: 0.9197 / Low: 0.8658). On the other end, November was the most stable month, with a tight range of 0.0123 JOD (High: 0.9180 / Low: 0.9057).

October Spread (Volatile) ±0.0539
November Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0230 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.9298) against the same month in 2018 (average: 0.8991), the exchange rate shifted by +0.0306 (+3.41%).

2019 Avg (December) 0.9298
2018 Avg (December) 0.8991

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9372 0.8881 0.9158
February 0.9446 0.9080 0.9228
March 0.9436 0.9210 0.9338
April 0.9342 0.9142 0.9232
May 0.9340 0.8938 0.9115
June 0.9041 0.8892 0.8990
July 0.8965 0.8616 0.8842
August 0.8707 0.8501 0.8612
September 0.8879 0.8554 0.8759
October 0.9197 0.8658 0.8975
November 0.9180 0.9057 0.9133
December 0.9553 0.9161 0.9298