YEARLY HIGH
503.8738 MRO
YEARLY LOW
293.1630 MRO
YEARLY AVERAGE
500.8039 MRO

2018 JOD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 503.8738. Conversely, the yearly low was recorded on October 8, dropping to 293.1630.

This high-to-low spread represents a total annual volatility of 210.7109 MRO. From a start-to-finish perspective, comparing the January average rate of 500.1290 to the December average rate of 503.0040, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 503.8738 was down 2.75% compared to the 2017 peak of 518.1221, 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 2,519,369 MRO
2017 Average 2,537,464 MRO
Yearly Trough Low 1,465,815 MRO
Transaction Impact: A difference of 1,053,554.39 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

504.5860
488.2094
JanuMarcMayJulySeptNove

JOD to MRO 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 501.0512, compared to 500.5566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4946 points.

H1 Avg (Jan–Jun) 501.0512
H2 Avg (Jul–Dec) 500.5566

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 210.7109 MRO (High: 503.8738 / Low: 293.1630). On the other end, November was the most stable month, with a tight range of 0.0737 MRO (High: 503.1691 / Low: 503.0954).

October Spread (Volatile) ±210.7109
November Spread (Stable) ±0.0737

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 13.6472 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -13.6472

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 502.5544) against the same month in 2017 (average: 512.8077), the exchange rate shifted by -10.2534 (-2.00%).

2018 Avg (August) 502.5544
2017 Avg (August) 512.8077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 501.4104 497.7868 500.1290
February 502.1149 500.2064 500.9419
March 502.8230 500.1381 501.4843
April 503.1145 497.1653 501.0691
May 502.4644 500.9815 501.4227
June 501.7597 500.3469 501.2602
July 502.7151 501.0550 501.8198
August 503.8738 501.0528 502.5544
September 503.8738 502.3160 503.2212
October 503.8738 293.1630 489.5741
November 503.1691 503.0954 503.1661
December 503.1691 502.5989 503.0040