YEARLY HIGH
142.7485 CVE
YEARLY LOW
135.2267 CVE
YEARLY AVERAGE
139.3363 CVE

2019 JOD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 142.7485. Conversely, the yearly low was recorded on January 10, dropping to 135.2267.

This high-to-low spread represents a total annual volatility of 7.5218 CVE. From a start-to-finish perspective, comparing the January average rate of 136.4225 to the December average rate of 140.6494, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 142.7485 was up 3.26% compared to the 2018 peak of 138.2385, 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 713,742 CVE
2018 Average 660,433 CVE
Yearly Trough Low 676,133 CVE
Transaction Impact: A difference of 37,609.00 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

142.0644
135.9096
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 138.0700, compared to 140.6026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5326 points.

H1 Avg (Jan–Jun) 138.0700
H2 Avg (Jul–Dec) 140.6026

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 3.2935 CVE (High: 141.9597 / Low: 138.6662). On the other end, May was the most stable month, with a tight range of 1.4035 CVE (High: 140.2231 / Low: 138.8196).

August Spread (Volatile) ±3.2935
May Spread (Stable) ±1.4035

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 1.1561 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.1561

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 141.5515) against the same month in 2018 (average: 133.5889), the exchange rate shifted by +7.9626 (+5.96%).

2019 Avg (September) 141.5515
2018 Avg (September) 133.5889

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 137.4466 135.2267 136.4225
February 138.2658 135.9654 137.2722
March 139.0479 137.2033 137.9609
April 140.0754 138.0509 138.9236
May 140.2231 138.8196 139.4984
June 139.8447 137.1419 138.3423
July 140.2672 137.6814 138.8246
August 141.9597 138.6662 140.0727
September 142.7485 140.7170 141.5515
October 142.5444 139.9154 141.2396
November 142.3890 140.2413 141.2778
December 142.3890 139.1396 140.6494