2018 JOD to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JOD to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JOD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 24.3835. Conversely, the yearly low was recorded on April 16, dropping to 23.0514.
This high-to-low spread represents a total annual volatility of 1.3321 MDL. From a start-to-finish perspective, comparing the January average rate of 23.8851 to the December average rate of 24.1977, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 24.3835 was down 14.58% compared to the 2017 peak of 28.5458, 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 MDL 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 23.5357, compared to 23.8259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2902 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.7601 MDL (High: 24.2469 / Low: 23.4868). On the other end, April was the most stable month, with a tight range of 0.3212 MDL (High: 23.3726 / Low: 23.0514).
Growth Streaks & Declines
TrendsBetween August and December, 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 January and February, when the average rate fell by 0.3816 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 24.1977) against the same month in 2017 (average: 24.2208), the exchange rate shifted by -0.0231 (-0.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.2469 | 23.4868 | 23.8851 |
| February | 23.7493 | 23.3343 | 23.5035 |
| March | 23.5643 | 23.2100 | 23.3628 |
| April | 23.3726 | 23.0514 | 23.1841 |
| May | 23.9661 | 23.2601 | 23.5094 |
| June | 23.9579 | 23.5655 | 23.7692 |
| July | 23.8243 | 23.3449 | 23.5506 |
| August | 23.6842 | 23.2582 | 23.4386 |
| September | 23.8404 | 23.4888 | 23.6797 |
| October | 24.2158 | 23.7921 | 23.9730 |
| November | 24.3050 | 23.9539 | 24.1156 |
| December | 24.3835 | 23.8653 | 24.1977 |