2019 JOD to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 JOD to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the JOD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 72.5670. Conversely, the yearly low was recorded on June 10, dropping to 69.4393.
This high-to-low spread represents a total annual volatility of 3.1277 GMD. From a start-to-finish perspective, comparing the January average rate of 69.7531 to the December average rate of 72.3908, the exchange rate registered a net change of 3.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 72.5670 was up 3.28% compared to the 2018 peak of 70.2604, 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 2019.
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 69.9081, compared to 71.3933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4852 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 1.3506 GMD (High: 72.5071 / Low: 71.1565). On the other end, February was the most stable month, with a tight range of 0.1367 GMD (High: 69.8905 / Low: 69.7538).
Growth Streaks & Declines
TrendsBetween June and December, 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 May and June, when the average rate fell by 0.0795 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 72.3908) against the same month in 2018 (average: 69.6973), the exchange rate shifted by +2.6935 (+3.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.8560 | 69.5319 | 69.7531 |
| February | 69.8905 | 69.7538 | 69.8398 |
| March | 70.1228 | 69.7834 | 69.9811 |
| April | 70.1409 | 69.8165 | 69.9412 |
| May | 70.2115 | 69.8165 | 70.0065 |
| June | 70.2398 | 69.4393 | 69.9270 |
| July | 70.5651 | 70.0939 | 70.3273 |
| August | 71.2411 | 70.4936 | 70.7748 |
| September | 71.3714 | 70.7331 | 71.0726 |
| October | 72.5071 | 71.1565 | 71.5905 |
| November | 72.3836 | 71.7225 | 72.2039 |
| December | 72.5670 | 72.1353 | 72.3908 |