YEARLY HIGH
61864.4013 IRR
YEARLY LOW
50145.7652 IRR
YEARLY AVERAGE
57323.5442 IRR

2018 JOD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 61864.4013. Conversely, the yearly low was recorded on January 1, dropping to 50145.7652.

This high-to-low spread represents a total annual volatility of 11718.6361 IRR. From a start-to-finish perspective, comparing the January average rate of 50794.9862 to the December average rate of 59536.9358, the exchange rate registered a net change of 17.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 61864.4013 was up 23.22% compared to the 2017 peak of 50206.7750, 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 309,322,006 IRR
2017 Average 233,014,096 IRR
Yearly Trough Low 250,728,826 IRR
Transaction Impact: A difference of 58,593,180.41 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

62080.3578
49769.0433
JanuMarcMayJulySeptNove

JOD to IRR 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 54275.8934, compared to 60371.1949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6095.3015 points.

H1 Avg (Jan–Jun) 54275.8934
H2 Avg (Jul–Dec) 60371.1949

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 6641.1959 IRR (High: 59428.6950 / Low: 52787.4992). On the other end, November was the most stable month, with a tight range of 37.1716 IRR (High: 59913.6421 / Low: 59876.4705).

May Spread (Volatile) ±6641.1959
November Spread (Stable) ±37.1716

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 891.6473 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -891.6473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 61054.4150) against the same month in 2017 (average: 46347.3906), the exchange rate shifted by +14707.0244 (+31.73%).

2018 Avg (August) 61054.4150
2017 Avg (August) 46347.3906

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 52065.7089 50145.7652 50794.9862
February 52590.8766 52074.6590 52243.4082
March 53009.9756 52612.7383 52871.4253
April 53120.7109 52728.4913 52869.8496
May 59428.6950 52787.4992 57195.7913
June 60060.2861 59443.1947 59679.8999
July 61782.4477 60086.3206 60995.3517
August 61864.4013 60749.0126 61054.4150
September 60877.7885 60726.9446 60818.9012
October 60836.5321 59852.2949 59927.2540
November 59913.6421 59876.4705 59894.3115
December 59903.2029 59277.1023 59536.9358