2018 JOD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |