YEARLY HIGH
70.2604 GMD
YEARLY LOW
66.3751 GMD
YEARLY AVERAGE
67.7740 GMD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 351,302 GMD
2017 Average 323,034 GMD
Yearly Trough Low 331,876 GMD
Transaction Impact: A difference of 19,426.56 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

70.1697
66.1444
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 66.7679
H2 Avg (Jul–Dec) 68.7800

Volatility Range Comparison

Volatility

The 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).

September Spread (Volatile) ±1.8182
May Spread (Stable) ±0.0778

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.9182

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (November) 69.8343
2017 Avg (November) 66.8377

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