YEARLY HIGH
2657.5497 BIF
YEARLY LOW
2518.0940 BIF
YEARLY AVERAGE
2597.5610 BIF

2019 JOD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2657.5497. Conversely, the yearly low was recorded on January 26, dropping to 2518.0940.

This high-to-low spread represents a total annual volatility of 139.4557 BIF. From a start-to-finish perspective, comparing the January average rate of 2543.4199 to the December average rate of 2647.4927, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2657.5497 was up 3.39% compared to the 2018 peak of 2570.4044, 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 13,287,748 BIF
2018 Average 12,527,362 BIF
Yearly Trough Low 12,590,470 BIF
Transaction Impact: A difference of 697,278.71 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2657.9000
2533.0126
JanuMarcMayJulySeptNove

JOD to BIF 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 2573.9798, compared to 2621.1422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 47.1624 points.

H1 Avg (Jan–Jun) 2573.9798
H2 Avg (Jul–Dec) 2621.1422

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 58.6061 BIF (High: 2616.3463 / Low: 2557.7402). On the other end, November was the most stable month, with a tight range of 11.2824 BIF (High: 2645.8918 / Low: 2634.6094).

August Spread (Volatile) ±58.6061
November Spread (Stable) ±11.2824

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.6024 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2647.4927) against the same month in 2018 (average: 2546.7721), the exchange rate shifted by +100.7206 (+3.95%).

2019 Avg (December) 2647.4927
2018 Avg (December) 2546.7721

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2566.2236 2518.0940 2543.4199
February 2580.6797 2533.9175 2556.9198
March 2589.5482 2542.5249 2567.0671
April 2589.5591 2576.1528 2584.4400
May 2610.7156 2584.3107 2591.3815
June 2624.8089 2581.9198 2600.6504
July 2612.1261 2592.5101 2600.0480
August 2616.3463 2557.7402 2603.0005
September 2631.8208 2594.7829 2613.9248
October 2642.6554 2598.4679 2621.6413
November 2645.8918 2634.6094 2640.7461
December 2657.5497 2637.8429 2647.4927