YEARLY HIGH
1.1764 GIP
YEARLY LOW
1.0468 GIP
YEARLY AVERAGE
1.1049 GIP

2019 JOD to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 1.1764. Conversely, the yearly low was recorded on December 12, dropping to 1.0468.

This high-to-low spread represents a total annual volatility of 0.1295 GIP. From a start-to-finish perspective, comparing the January average rate of 1.0922 to the December average rate of 1.0757, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1764 was up 4.28% compared to the 2018 peak of 1.1281, 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 5,882 GIP
2018 Average 5,286 GIP
Yearly Trough Low 5,234 GIP
Transaction Impact: A difference of 647.73 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1702
1.0619
JanuMarcMayJulySeptNove

JOD to GIP 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 1.0900, compared to 1.1199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 1.0900
H2 Avg (Jul–Dec) 1.1199

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0676 GIP (High: 1.1550 / Low: 1.0873). On the other end, November was the most stable month, with a tight range of 0.0148 GIP (High: 1.1041 / Low: 1.0893).

October Spread (Volatile) ±0.0676
November Spread (Stable) ±0.0148

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0271 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 1.1612) against the same month in 2018 (average: 1.0952), the exchange rate shifted by +0.0660 (+6.03%).

2019 Avg (August) 1.1612
2018 Avg (August) 1.0952

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1259 1.0670 1.0922
February 1.1013 1.0586 1.0838
March 1.0857 1.0598 1.0709
April 1.0938 1.0704 1.0833
May 1.1188 1.0707 1.0973
June 1.1246 1.1061 1.1124
July 1.1607 1.1154 1.1311
August 1.1764 1.1485 1.1612
September 1.1690 1.1263 1.1418
October 1.1550 1.0873 1.1147
November 1.1041 1.0893 1.0949
December 1.0915 1.0468 1.0757