YEARLY HIGH
2.4030 AZN
YEARLY LOW
2.3779 AZN
YEARLY AVERAGE
2.3957 AZN

2018 JOD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 2.4030. Conversely, the yearly low was recorded on March 15, dropping to 2.3779.

This high-to-low spread represents a total annual volatility of 0.0250 AZN. From a start-to-finish perspective, comparing the January average rate of 2.3852 to the December average rate of 2.3988, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4030 was down 12.77% compared to the 2017 peak of 2.7547, 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 12,015 AZN
2017 Average 12,129 AZN
Yearly Trough Low 11,890 AZN
Transaction Impact: A difference of 125.16 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.4015
2.3792
JanuMarcMayJulySeptNove

JOD to AZN 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 2.3923, compared to 2.3992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 2.3923
H2 Avg (Jul–Dec) 2.3992

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 0.0240 AZN (High: 2.4019 / Low: 2.3779). On the other end, November was the most stable month, with a tight range of 0.0004 AZN (High: 2.3996 / Low: 2.3992).

March Spread (Volatile) ±0.0240
November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0041 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 2.3991) against the same month in 2017 (average: 2.3763), the exchange rate shifted by +0.0227 (+0.96%).

2018 Avg (April) 2.3991
2017 Avg (April) 2.3763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3977 2.3803 2.3852
February 2.3960 2.3785 2.3810
March 2.4019 2.3779 2.3907
April 2.4030 2.3875 2.3991
May 2.4009 2.3985 2.3996
June 2.3996 2.3901 2.3982
July 2.3996 2.3975 2.3994
August 2.3996 2.3962 2.3992
September 2.3996 2.3955 2.3987
October 2.3996 2.3979 2.3995
November 2.3996 2.3992 2.3996
December 2.3996 2.3968 2.3988