YEARLY HIGH
1.9230 CAD
YEARLY LOW
1.7279 CAD
YEARLY AVERAGE
1.8268 CAD

2018 JOD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.9230. Conversely, the yearly low was recorded on February 1, dropping to 1.7279.

This high-to-low spread represents a total annual volatility of 0.1951 CAD. From a start-to-finish perspective, comparing the January average rate of 1.7519 to the December average rate of 1.8951, the exchange rate registered a net change of 8.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.9230 was down 0.79% compared to the 2017 peak of 1.9384, 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 9,615 CAD
2017 Average 9,151 CAD
Yearly Trough Low 8,639 CAD
Transaction Impact: A difference of 975.60 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9094
1.7376
JanuMarcMayJulySeptNove

JOD to CAD 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 1.8011, compared to 1.8525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0514 points.

H1 Avg (Jan–Jun) 1.8011
H2 Avg (Jul–Dec) 1.8525

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0825 CAD (High: 1.8104 / Low: 1.7279). On the other end, November was the most stable month, with a tight range of 0.0304 CAD (High: 1.8756 / Low: 1.8451).

February Spread (Volatile) ±0.0825
November Spread (Stable) ±0.0304

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0269 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.8951) against the same month in 2017 (average: 1.7988), the exchange rate shifted by +0.0963 (+5.36%).

2018 Avg (December) 1.8951
2017 Avg (December) 1.7988

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7697 1.7343 1.7519
February 1.8104 1.7279 1.7727
March 1.8479 1.8068 1.8229
April 1.8200 1.7693 1.7960
May 1.8364 1.8003 1.8144
June 1.8789 1.8215 1.8487
July 1.8691 1.8350 1.8504
August 1.8549 1.8189 1.8383
September 1.8570 1.8093 1.8356
October 1.8547 1.8060 1.8358
November 1.8756 1.8451 1.8598
December 1.9230 1.8602 1.8951