YEARLY HIGH
115.1331 AFN
YEARLY LOW
105.0046 AFN
YEARLY AVERAGE
109.8396 AFN

2019 JOD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 115.1331. Conversely, the yearly low was recorded on February 19, dropping to 105.0046.

This high-to-low spread represents a total annual volatility of 10.1285 AFN. From a start-to-finish perspective, comparing the January average rate of 106.3719 to the December average rate of 110.7764, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 115.1331 was up 7.24% compared to the 2018 peak of 107.3642, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 575,666 AFN
2018 Average 510,240 AFN
Yearly Trough Low 525,023 AFN
Transaction Impact: A difference of 50,642.54 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

114.0823
104.8190
JanuMarcMayJulySeptNove

JOD to AFN 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 108.6370, compared to 111.0422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4052 points.

H1 Avg (Jan–Jun) 108.6370
H2 Avg (Jul–Dec) 111.0422

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 4.5514 AFN (High: 113.8589 / Low: 109.3075). On the other end, October was the most stable month, with a tight range of 0.6930 AFN (High: 110.7394 / Low: 110.0464).

May Spread (Volatile) ±4.5514
October Spread (Stable) ±0.6930

Growth Streaks & Declines

Trends

Between February and July, 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 July and August, when the average rate fell by 2.4698 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.4698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 113.3103) against the same month in 2018 (average: 102.7029), the exchange rate shifted by +10.6075 (+10.33%).

2019 Avg (July) 113.3103
2018 Avg (July) 102.7029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 106.9936 106.0379 106.3719
February 106.4830 105.0046 105.5909
March 107.3017 105.2629 106.3331
April 109.7862 107.1092 108.9986
May 113.8589 109.3075 111.4136
June 114.9506 111.8472 113.1137
July 115.1331 112.1284 113.3103
August 113.0501 108.9907 110.8406
September 110.7217 109.9018 110.4344
October 110.7394 110.0464 110.4197
November 111.0719 110.2581 110.4715
December 111.1665 109.8190 110.7764