2019 JOD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 JOD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the JOD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 2185.6688. Conversely, the yearly low was recorded on December 31, dropping to 2081.3497.
This high-to-low spread represents a total annual volatility of 104.3191 MMK. From a start-to-finish perspective, comparing the January average rate of 2159.9238 to the December average rate of 2114.8642, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 2185.6688 was down 4.51% compared to the 2018 peak of 2288.9763, 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 MMK 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 2152.1528, compared to 2139.9011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.2517 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 53.9552 MMK (High: 2135.3049 / Low: 2081.3497). On the other end, July was the most stable month, with a tight range of 22.7902 MMK (High: 2144.7726 / Low: 2121.9824).
Growth Streaks & Declines
TrendsBetween July and October, 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 November and December, when the average rate fell by 22.3002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 2155.8698) against the same month in 2018 (average: 1878.8581), the exchange rate shifted by +277.0118 (+14.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2177.6006 | 2129.4604 | 2159.9238 |
| February | 2185.6688 | 2133.8281 | 2155.8698 |
| March | 2173.9046 | 2134.6560 | 2148.3167 |
| April | 2164.6867 | 2121.7381 | 2139.6589 |
| May | 2174.1061 | 2140.1900 | 2159.8491 |
| June | 2159.4290 | 2136.4448 | 2149.2983 |
| July | 2144.7726 | 2121.9824 | 2132.4007 |
| August | 2149.2130 | 2107.0393 | 2138.4608 |
| September | 2165.4466 | 2136.8149 | 2157.0566 |
| October | 2168.5551 | 2144.0555 | 2159.4600 |
| November | 2148.1835 | 2120.5273 | 2137.1644 |
| December | 2135.3049 | 2081.3497 | 2114.8642 |