YEARLY HIGH
9.8096 BOB
YEARLY LOW
9.5921 BOB
YEARLY AVERAGE
9.7473 BOB

2019 JOD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 9.8096. Conversely, the yearly low was recorded on August 25, dropping to 9.5921.

This high-to-low spread represents a total annual volatility of 0.2175 BOB. From a start-to-finish perspective, comparing the January average rate of 9.7348 to the December average rate of 9.7478, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 9.8096 was down 0.18% compared to the 2018 peak of 9.8275, 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 49,048 BOB
2018 Average 48,690 BOB
Yearly Trough Low 47,961 BOB
Transaction Impact: A difference of 1,087.47 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9.7585
9.7326
JanuMarcMayJulySeptNove

JOD to BOB 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 9.7449, compared to 9.7498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 9.7449
H2 Avg (Jul–Dec) 9.7498

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1840 BOB (High: 9.7762 / Low: 9.5921). On the other end, February was the most stable month, with a tight range of 0.0136 BOB (High: 9.7511 / Low: 9.7375).

August Spread (Volatile) ±0.1840
February Spread (Stable) ±0.0136

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0110 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 9.7563) against the same month in 2018 (average: 9.7380), the exchange rate shifted by +0.0183 (+0.19%).

2019 Avg (April) 9.7563
2018 Avg (April) 9.7380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.7736 9.6915 9.7348
February 9.7511 9.7375 9.7435
March 9.7695 9.7205 9.7421
April 9.8096 9.7229 9.7563
May 9.7601 9.7280 9.7453
June 9.7693 9.6982 9.7472
July 9.7864 9.7428 9.7495
August 9.7762 9.5921 9.7458
September 9.7846 9.6896 9.7497
October 9.7819 9.7239 9.7549
November 9.7599 9.7270 9.7513
December 9.7611 9.7270 9.7478