YEARLY HIGH
2.4078 AZN
YEARLY LOW
2.3969 AZN
YEARLY AVERAGE
2.4012 AZN

2019 JOD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 2.4078. Conversely, the yearly low was recorded on January 6, dropping to 2.3969.

This high-to-low spread represents a total annual volatility of 0.0109 AZN. From a start-to-finish perspective, comparing the January average rate of 2.3990 to the December average rate of 2.4010, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.4078 was up 0.20% compared to the 2018 peak of 2.4030, 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 12,039 AZN
2018 Average 11,979 AZN
Yearly Trough Low 11,984 AZN
Transaction Impact: A difference of 54.54 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.4030
2.3986
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 2.4007, compared to 2.4018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 2.4007
H2 Avg (Jul–Dec) 2.4018

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0071 AZN (High: 2.4077 / Low: 2.4006). On the other end, June was the most stable month, with a tight range of 0.0004 AZN (High: 2.4013 / Low: 2.4009).

September Spread (Volatile) ±0.0071
June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 2.4026) against the same month in 2018 (average: 2.3992), the exchange rate shifted by +0.0034 (+0.14%).

2019 Avg (August) 2.4026
2018 Avg (August) 2.3992

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3995 2.3969 2.3990
February 2.4013 2.3992 2.4000
March 2.4023 2.4002 2.4011
April 2.4036 2.4013 2.4016
May 2.4047 2.4013 2.4014
June 2.4013 2.4009 2.4013
July 2.4047 2.4013 2.4014
August 2.4078 2.4013 2.4026
September 2.4077 2.4006 2.4020
October 2.4064 2.4006 2.4022
November 2.4030 2.3996 2.4014
December 2.4013 2.3996 2.4010