2018 JOD to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JOD to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JOD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 70.2604. Conversely, the yearly low was recorded on June 14, dropping to 66.3751.
This high-to-low spread represents a total annual volatility of 3.8853 GMD. From a start-to-finish perspective, comparing the January average rate of 67.6447 to the December average rate of 69.6973, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 70.2604 was up 4.68% compared to the 2017 peak of 67.1192, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
JOD to GMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 66.7679, compared to 68.7800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0121 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 1.8182 GMD (High: 69.4782 / Low: 67.6600). On the other end, May was the most stable month, with a tight range of 0.0778 GMD (High: 66.5184 / Low: 66.4406).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.9182 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 69.8343) against the same month in 2017 (average: 66.8377), the exchange rate shifted by +2.9965 (+4.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.6318 | 67.0418 | 67.6447 |
| February | 67.5402 | 66.4550 | 66.7265 |
| March | 67.2302 | 66.5254 | 66.7080 |
| April | 66.7935 | 66.3804 | 66.5603 |
| May | 66.5184 | 66.4406 | 66.4798 |
| June | 66.5558 | 66.3751 | 66.4883 |
| July | 67.7657 | 66.4794 | 67.2302 |
| August | 67.9276 | 67.6530 | 67.7913 |
| September | 69.4782 | 67.6600 | 68.3888 |
| October | 69.9504 | 69.3901 | 69.7384 |
| November | 70.2604 | 69.6967 | 69.8343 |
| December | 69.8982 | 69.4709 | 69.6973 |