YEARLY HIGH
5341.8347 MGA
YEARLY LOW
3436.1454 MGA
YEARLY AVERAGE
5123.4420 MGA

2019 JOD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 5341.8347. Conversely, the yearly low was recorded on December 16, dropping to 3436.1454.

This high-to-low spread represents a total annual volatility of 1905.6893 MGA. From a start-to-finish perspective, comparing the January average rate of 5014.8461 to the December average rate of 5084.5928, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 5341.8347 was up 2.92% compared to the 2018 peak of 5190.1509, 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 26,709,174 MGA
2018 Average 23,555,422 MGA
Yearly Trough Low 17,180,727 MGA
Transaction Impact: A difference of 9,528,446.63 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

5308.5185
4955.7576
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 5062.8630, compared to 5184.0210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 121.1580 points.

H1 Avg (Jan–Jun) 5062.8630
H2 Avg (Jul–Dec) 5184.0210

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1776.4159 MGA (High: 5212.5613 / Low: 3436.1454). On the other end, June was the most stable month, with a tight range of 54.6464 MGA (High: 5176.2974 / Low: 5121.6510).

December Spread (Volatile) ±1776.4159
June Spread (Stable) ±54.6464

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 120.7152 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -120.7152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 5279.1218) against the same month in 2018 (average: 4793.4146), the exchange rate shifted by +485.7072 (+10.13%).

2019 Avg (September) 5279.1218
2018 Avg (September) 4793.4146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5139.7004 4906.7116 5014.8461
February 5101.1555 4880.0853 4985.1543
March 5052.4843 4929.4712 4995.4139
April 5145.8957 5014.0761 5096.5681
May 5196.8848 5075.7824 5140.0737
June 5176.2974 5121.6510 5145.1218
July 5170.9857 5091.6497 5129.8362
August 5255.3537 5164.7645 5204.1960
September 5341.8347 5236.1288 5279.1218
October 5261.6333 5133.9915 5201.0713
November 5279.9248 5085.2713 5205.3080
December 5212.5613 3436.1454 5084.5928