2019 JOD to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 JOD to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the JOD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 25.7145. Conversely, the yearly low was recorded on February 2, dropping to 23.9626.
This high-to-low spread represents a total annual volatility of 1.7520 MDL. From a start-to-finish perspective, comparing the January average rate of 24.1261 to the December average rate of 24.3434, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 25.7145 was up 5.46% compared to the 2018 peak of 24.3835, 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 2019.
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 24.7010, compared to 24.7256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0247 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was April, with a trading range of 0.8159 MDL (High: 25.2328 / Low: 24.4169). On the other end, February was the most stable month, with a tight range of 0.2720 MDL (High: 24.2345 / Low: 23.9626).
Growth Streaks & Declines
TrendsBetween February and June, 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 June and July, when the average rate fell by 0.5969 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2019: 25.3030) against the same month in 2018 (average: 23.5094), the exchange rate shifted by +1.7935 (+7.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.3246 | 24.0117 | 24.1261 |
| February | 24.2345 | 23.9626 | 24.0895 |
| March | 24.4759 | 24.0084 | 24.2204 |
| April | 25.2328 | 24.4169 | 24.8996 |
| May | 25.7145 | 25.1192 | 25.3030 |
| June | 25.7145 | 25.4317 | 25.5673 |
| July | 25.4428 | 24.6366 | 24.9704 |
| August | 25.1980 | 24.5197 | 24.8741 |
| September | 25.2696 | 24.7620 | 24.9715 |
| October | 24.9859 | 24.3117 | 24.6355 |
| November | 24.7240 | 24.4254 | 24.5588 |
| December | 24.6339 | 24.1785 | 24.3434 |