YEARLY HIGH
2288.9763 MMK
YEARLY LOW
1859.3771 MMK
YEARLY AVERAGE
2032.3961 MMK

2018 JOD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 2288.9763. Conversely, the yearly low was recorded on April 18, dropping to 1859.3771.

This high-to-low spread represents a total annual volatility of 429.5992 MMK. From a start-to-finish perspective, comparing the January average rate of 1895.7335 to the December average rate of 2207.0140, the exchange rate registered a net change of 16.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2288.9763 was up 17.77% compared to the 2017 peak of 1943.5347, 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 11,444,881 MMK
2017 Average 9,597,103 MMK
Yearly Trough Low 9,296,886 MMK
Transaction Impact: A difference of 2,147,995.80 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2289.5997
1841.2521
JanuMarcMayJulySeptNove

JOD to MMK 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 1895.9551, compared to 2168.8371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 272.8819 points.

H1 Avg (Jan–Jun) 1895.9551
H2 Avg (Jul–Dec) 2168.8371

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 149.1802 MMK (High: 2288.9763 / Low: 2139.7961). On the other end, March was the most stable month, with a tight range of 11.6659 MMK (High: 1892.0937 / Low: 1880.4278).

September Spread (Volatile) ±149.1802
March Spread (Stable) ±11.6659

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 45.2234 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -45.2234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2209.5883) against the same month in 2017 (average: 1920.1186), the exchange rate shifted by +289.4697 (+15.08%).

2018 Avg (September) 2209.5883
2017 Avg (September) 1920.1186

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1909.6928 1876.3278 1895.7335
February 1891.8877 1864.5446 1878.8581
March 1892.0937 1880.4278 1885.3305
April 1901.1233 1859.3771 1878.6144
May 1914.1366 1882.7407 1903.4114
June 1999.9289 1903.9357 1933.7829
July 2054.7482 1982.7782 2014.4016
August 2182.4483 2055.5118 2112.6302
September 2288.9763 2139.7961 2209.5883
October 2270.2679 2146.1531 2217.1509
November 2266.6531 2225.2274 2252.2374
December 2240.3821 2176.5932 2207.0140