YEARLY HIGH
60501.4315 IRR
YEARLY LOW
59277.2692 IRR
YEARLY AVERAGE
59455.1371 IRR

2019 JOD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 60501.4315. Conversely, the yearly low was recorded on January 5, dropping to 59277.2692.

This high-to-low spread represents a total annual volatility of 1224.1623 IRR. From a start-to-finish perspective, comparing the January average rate of 59617.6449 to the December average rate of 59378.9097, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 60501.4315 was down 2.20% compared to the 2018 peak of 61864.4013, 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 302,507,158 IRR
2018 Average 286,772,127 IRR
Yearly Trough Low 296,386,346 IRR
Transaction Impact: A difference of 6,120,811.54 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

59641.9543
59350.2413
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 59508.1637, compared to 59402.1105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 106.0533 points.

H1 Avg (Jan–Jun) 59508.1637
H2 Avg (Jul–Dec) 59402.1105

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1224.1623 IRR (High: 60501.4315 / Low: 59277.2692). On the other end, December was the most stable month, with a tight range of 50.0811 IRR (High: 59394.6900 / Low: 59344.6089).

January Spread (Volatile) ±1224.1623
December Spread (Stable) ±50.0811

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 243.0941 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -243.0941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 59617.6449) against the same month in 2018 (average: 50794.9862), the exchange rate shifted by +8822.6587 (+17.37%).

2019 Avg (January) 59617.6449
2018 Avg (January) 50794.9862

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60501.4315 59277.2692 59617.6449
February 59921.2906 59335.9949 59374.5508
March 60028.0329 59360.9237 59478.4937
April 60291.4917 59386.1248 59544.4448
May 60252.5923 59386.1248 59477.4390
June 60293.0199 59377.6662 59556.4094
July 59470.4230 59386.1248 59388.9981
August 59547.0436 59386.1248 59421.1055
September 59831.2865 59369.5449 59421.2542
October 59512.4516 59369.7124 59411.1083
November 59495.9636 59344.6089 59391.2870
December 59394.6900 59344.6089 59378.9097