YEARLY HIGH
3.0444 FJD
YEARLY LOW
2.8088 FJD
YEARLY AVERAGE
2.9345 FJD

2018 JOD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 3.0444. Conversely, the yearly low was recorded on February 1, dropping to 2.8088.

This high-to-low spread represents a total annual volatility of 0.2356 FJD. From a start-to-finish perspective, comparing the January average rate of 2.8478 to the December average rate of 2.9911, the exchange rate registered a net change of 5.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.0444 was up 1.09% compared to the 2017 peak of 3.0114, 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 15,222 FJD
2017 Average 14,518 FJD
Yearly Trough Low 14,044 FJD
Transaction Impact: A difference of 1,177.86 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.0406
2.8273
JanuMarcMayJulySeptNove

JOD to FJD 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 2.8819, compared to 2.9871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1052 points.

H1 Avg (Jan–Jun) 2.8819
H2 Avg (Jul–Dec) 2.9871

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0878 FJD (High: 2.8972 / Low: 2.8094). On the other end, May was the most stable month, with a tight range of 0.0411 FJD (High: 2.9475 / Low: 2.9064).

January Spread (Volatile) ±0.0878
May Spread (Stable) ±0.0411

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0385 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 3.0229) against the same month in 2017 (average: 2.8881), the exchange rate shifted by +0.1348 (+4.67%).

2018 Avg (October) 3.0229
2017 Avg (October) 2.8881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8972 2.8094 2.8478
February 2.8656 2.8088 2.8450
March 2.8882 2.8279 2.8625
April 2.9182 2.8423 2.8764
May 2.9475 2.9064 2.9310
June 2.9668 2.8936 2.9285
July 2.9767 2.9334 2.9564
August 3.0097 2.9444 2.9741
September 3.0146 2.9644 2.9935
October 3.0444 2.9881 3.0229
November 3.0422 2.9623 2.9844
December 3.0245 2.9549 2.9911