YEARLY HIGH
104.7789 INR
YEARLY LOW
89.1164 INR
YEARLY AVERAGE
96.3835 INR

2018 JOD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 104.7789. Conversely, the yearly low was recorded on January 7, dropping to 89.1164.

This high-to-low spread represents a total annual volatility of 15.6625 INR. From a start-to-finish perspective, comparing the January average rate of 89.6931 to the December average rate of 99.6754, the exchange rate registered a net change of 11.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 104.7789 was up 8.65% compared to the 2017 peak of 96.4368, 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 523,894 INR
2017 Average 458,987 INR
Yearly Trough Low 445,582 INR
Transaction Impact: A difference of 78,312.63 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

105.1961
88.2837
JanuMarcMayJulySeptNove

JOD to INR 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 92.5803, compared to 100.1867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.6064 points.

H1 Avg (Jan–Jun) 92.5803
H2 Avg (Jul–Dec) 100.1867

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 5.0883 INR (High: 103.3392 / Low: 98.2509). On the other end, March was the most stable month, with a tight range of 0.8616 INR (High: 92.0205 / Low: 91.1588).

November Spread (Volatile) ±5.0883
March Spread (Stable) ±0.8616

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.5337 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -2.5337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 103.7868) against the same month in 2017 (average: 91.7526), the exchange rate shifted by +12.0341 (+13.12%).

2018 Avg (October) 103.7868
2017 Avg (October) 91.7526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 90.2558 89.1164 89.6931
February 92.0450 90.0263 90.8481
March 92.0205 91.1588 91.7008
April 94.3160 91.4372 92.5614
May 96.4773 93.9672 95.1779
June 97.1536 94.2069 95.5006
July 97.2371 96.3576 96.7882
August 100.1603 96.2887 98.0031
September 102.6835 100.0767 101.6140
October 104.7789 103.0500 103.7868
November 103.3392 98.2509 101.2530
December 102.1966 98.0393 99.6754