2018 JOD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JOD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JOD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 3544.5128. Conversely, the yearly low was recorded on June 14, dropping to 3046.9310.
This high-to-low spread represents a total annual volatility of 497.5818 MNT. From a start-to-finish perspective, comparing the January average rate of 3414.0008 to the December average rate of 3472.2345, the exchange rate registered a net change of 1.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 3544.5128 was up 0.71% compared to the 2017 peak of 3519.5248, 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 2018.
JOD to MNT 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 3382.9737, compared to 3468.7086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 85.7349 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 398.3050 MNT (High: 3445.2359 / Low: 3046.9310). On the other end, August was the most stable month, with a tight range of 4.8639 MNT (High: 3442.0808 / Low: 3437.2169).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 40.4956 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 3472.2345) against the same month in 2017 (average: 3427.8665), the exchange rate shifted by +44.3680 (+1.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3421.5689 | 3405.4216 | 3414.0008 |
| February | 3405.8969 | 3369.6380 | 3383.5464 |
| March | 3378.0041 | 3367.4035 | 3373.3157 |
| April | 3375.5919 | 3363.1320 | 3368.9732 |
| May | 3395.2114 | 3377.6337 | 3383.7461 |
| June | 3445.2359 | 3046.9310 | 3374.2598 |
| July | 3445.4910 | 3435.8575 | 3440.2757 |
| August | 3442.0808 | 3437.2169 | 3441.5020 |
| September | 3442.0808 | 3436.2448 | 3440.8314 |
| October | 3511.5333 | 3442.0808 | 3504.6779 |
| November | 3533.0380 | 3497.7323 | 3512.7301 |
| December | 3544.5128 | 3454.4873 | 3472.2345 |