2018 JOD to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JOD to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JOD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 58.1872. Conversely, the yearly low was recorded on January 2, dropping to 25.9062.
This high-to-low spread represents a total annual volatility of 32.2810 ARS. From a start-to-finish perspective, comparing the January average rate of 26.7826 to the December average rate of 53.2618, the exchange rate registered a net change of 98.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 58.1872 was up 115.39% compared to the 2017 peak of 27.0153, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
JOD to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 30.4172, compared to 48.6691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.2519 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 16.1763 ARS (High: 54.5946 / Low: 38.4183). On the other end, March was the most stable month, with a tight range of 0.3628 ARS (High: 28.7376 / Low: 28.3748).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.1710 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 54.3422) against the same month in 2017 (average: 24.3121), the exchange rate shifted by +30.0302 (+123.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.7087 | 25.9062 | 26.7826 |
| February | 28.4978 | 27.2888 | 27.9509 |
| March | 28.7376 | 28.3748 | 28.5042 |
| April | 28.9639 | 28.3618 | 28.5309 |
| May | 35.2345 | 29.1898 | 33.1924 |
| June | 40.7157 | 35.0940 | 37.5420 |
| July | 40.8031 | 38.3339 | 38.9218 |
| August | 54.5946 | 38.4183 | 42.0809 |
| September | 58.1872 | 51.9263 | 54.3422 |
| October | 55.6368 | 50.5875 | 52.1713 |
| November | 55.0836 | 49.8586 | 51.2366 |
| December | 54.0584 | 51.4858 | 53.2618 |