YEARLY HIGH
40.0928 ETB
YEARLY LOW
38.4627 ETB
YEARLY AVERAGE
38.9941 ETB

2018 JOD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 40.0928. Conversely, the yearly low was recorded on January 14, dropping to 38.4627.

This high-to-low spread represents a total annual volatility of 1.6301 ETB. From a start-to-finish perspective, comparing the January average rate of 38.6874 to the December average rate of 39.7289, the exchange rate registered a net change of 2.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 40.0928 was up 3.18% compared to the 2017 peak of 38.8575, 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 200,464 ETB
2017 Average 168,991 ETB
Yearly Trough Low 192,313 ETB
Transaction Impact: A difference of 8,150.73 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

39.8331
38.5833
JanuMarcMayJulySeptNove

JOD to ETB 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 38.7618, compared to 39.2264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4646 points.

H1 Avg (Jan–Jun) 38.7618
H2 Avg (Jul–Dec) 39.2264

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.8410 ETB (High: 40.0928 / Low: 39.2518). On the other end, May was the most stable month, with a tight range of 0.1183 ETB (High: 38.8483 / Low: 38.7300).

December Spread (Volatile) ±0.8410
May Spread (Stable) ±0.1183

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0415 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 39.7289) against the same month in 2017 (average: 38.5734), the exchange rate shifted by +1.1556 (+3.00%).

2018 Avg (December) 39.7289
2017 Avg (December) 38.5734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.8716 38.4627 38.6874
February 38.8857 38.5791 38.7647
March 38.8859 38.6047 38.7736
April 38.8582 38.5618 38.7322
May 38.8483 38.7300 38.7860
June 38.9247 38.6430 38.8269
July 39.1401 38.5426 38.8572
August 39.1189 38.7535 38.9512
September 39.4079 38.7467 39.0681
October 39.5994 38.8759 39.2926
November 39.6757 39.0370 39.4601
December 40.0928 39.2518 39.7289