YEARLY HIGH
5190.1509 MGA
YEARLY LOW
4339.5857 MGA
YEARLY AVERAGE
4709.8948 MGA

2018 JOD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 5190.1509. Conversely, the yearly low was recorded on March 8, dropping to 4339.5857.

This high-to-low spread represents a total annual volatility of 850.5652 MGA. From a start-to-finish perspective, comparing the January average rate of 4569.7695 to the December average rate of 5003.7578, the exchange rate registered a net change of 9.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 5190.1509 was up 8.85% compared to the 2017 peak of 4768.1402, 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 25,950,755 MGA
2017 Average 22,018,193 MGA
Yearly Trough Low 21,697,929 MGA
Transaction Impact: A difference of 4,252,825.98 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5133.6839
4379.3608
JanuMarcMayJulySeptNove

JOD to MGA 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 4556.9902, compared to 4862.7993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 305.8090 points.

H1 Avg (Jan–Jun) 4556.9902
H2 Avg (Jul–Dec) 4862.7993

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 286.0003 MGA (High: 5190.1509 / Low: 4904.1506). On the other end, August was the most stable month, with a tight range of 76.1815 MGA (High: 4702.6400 / Low: 4626.4584).

December Spread (Volatile) ±286.0003
August Spread (Stable) ±76.1815

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 102.8559 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -102.8559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 5003.7578) against the same month in 2017 (average: 4548.9370), the exchange rate shifted by +454.8208 (+10.00%).

2018 Avg (December) 5003.7578
2017 Avg (December) 4548.9370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4617.4264 4517.2466 4569.7695
February 4551.2444 4405.9010 4466.9136
March 4531.3410 4339.5857 4442.2210
April 4587.5563 4510.1994 4533.1058
May 4690.5134 4545.4353 4593.0012
June 4791.4409 4668.7611 4736.9304
July 4776.4868 4623.5046 4712.2173
August 4702.6400 4626.4584 4661.5024
September 4840.0733 4702.6400 4793.4146
October 4993.6199 4843.9520 4935.0800
November 5172.6493 4968.2455 5070.8236
December 5190.1509 4904.1506 5003.7578