YEARLY HIGH
138.2385 CVE
YEARLY LOW
124.8940 CVE
YEARLY AVERAGE
132.0479 CVE

2018 JOD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 138.2385. Conversely, the yearly low was recorded on January 25, dropping to 124.8940.

This high-to-low spread represents a total annual volatility of 13.3444 CVE. From a start-to-finish perspective, comparing the January average rate of 127.9653 to the December average rate of 136.9044, the exchange rate registered a net change of 6.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 138.2385 was down 7.09% compared to the 2017 peak of 148.7800, 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 691,192 CVE
2017 Average 691,487 CVE
Yearly Trough Low 624,470 CVE
Transaction Impact: A difference of 66,722.11 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

138.0168
125.2939
JanuMarcMayJulySeptNove

JOD to CVE 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 128.8543, compared to 135.2415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3872 points.

H1 Avg (Jan–Jun) 128.8543
H2 Avg (Jul–Dec) 135.2415

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 5.8797 CVE (High: 130.7737 / Low: 124.8940). On the other end, November was the most stable month, with a tight range of 2.0719 CVE (High: 138.1527 / Low: 136.0808).

January Spread (Volatile) ±5.8797
November Spread (Stable) ±2.0719

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.6112 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.6112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 136.9044) against the same month in 2017 (average: 131.7503), the exchange rate shifted by +5.1541 (+3.91%).

2018 Avg (December) 136.9044
2017 Avg (December) 131.7503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 130.7737 124.8940 127.9653
February 127.9970 124.9641 126.3541
March 127.9688 125.1050 126.5274
April 129.0654 125.9327 127.1383
May 134.3895 129.5477 131.6491
June 134.7419 131.2452 133.4916
July 134.3186 132.1467 133.2999
August 137.4906 133.2568 134.9768
September 134.6009 132.2567 133.5889
October 137.7020 134.3860 135.7227
November 138.1527 136.0808 136.9566
December 138.2385 135.9870 136.9044