YEARLY HIGH
504.8877 MRO
YEARLY LOW
502.6003 MRO
YEARLY AVERAGE
503.5197 MRO

2019 JOD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 504.8877. Conversely, the yearly low was recorded on January 6, dropping to 502.6003.

This high-to-low spread represents a total annual volatility of 2.2874 MRO. From a start-to-finish perspective, comparing the January average rate of 503.0514 to the December average rate of 503.4597, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 504.8877 was up 0.20% compared to the 2018 peak of 503.8738, 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 2,524,438 MRO
2018 Average 2,503,939 MRO
Yearly Trough Low 2,513,001 MRO
Transaction Impact: A difference of 11,436.82 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

503.8813
502.9760
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 503.4120, compared to 503.6274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2153 points.

H1 Avg (Jan–Jun) 503.4120
H2 Avg (Jul–Dec) 503.6274

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 1.4886 MRO (High: 504.8712 / Low: 503.3827). On the other end, June was the most stable month, with a tight range of 0.0746 MRO (High: 503.5261 / Low: 503.4515).

September Spread (Volatile) ±1.4886
June Spread (Stable) ±0.0746

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.1804 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1804

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 503.8058) against the same month in 2018 (average: 502.5544), the exchange rate shifted by +1.2515 (+0.25%).

2019 Avg (August) 503.8058
2018 Avg (August) 502.5544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 503.1500 502.6003 503.0514
February 503.5240 503.0982 503.2504
March 503.7392 503.3096 503.4973
April 504.0052 503.5233 503.5912
May 504.2380 503.5233 503.5592
June 503.5261 503.4515 503.5227
July 504.2380 503.5233 503.5476
August 504.8877 503.5233 503.8058
September 504.8712 503.3827 503.6759
October 504.5944 503.3841 503.7278
November 503.8814 503.1712 503.5474
December 503.5261 503.1712 503.4597