2015 JOD to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 JOD to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the JOD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 21.7128. Conversely, the yearly low was recorded on March 8, dropping to 21.4493.
This high-to-low spread represents a total annual volatility of 0.2635 MVR. From a start-to-finish perspective, comparing the January average rate of 21.5277 to the December average rate of 21.6029, the exchange rate registered a net change of 0.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 21.7128 was down 0.87% compared to the 2014 peak of 21.9025, 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 2015.
JOD to MVR 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 21.5441, compared to 21.6003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0562 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was December, with a trading range of 0.2410 MVR (High: 21.7015 / Low: 21.4605). On the other end, September was the most stable month, with a tight range of 0.0859 MVR (High: 21.6304 / Low: 21.5445).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0193 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2015: 21.6247) against the same month in 2014 (average: 21.7228), the exchange rate shifted by -0.0981 (-0.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.6079 | 21.4620 | 21.5277 |
| February | 21.5873 | 21.4589 | 21.5220 |
| March | 21.5937 | 21.4493 | 21.5380 |
| April | 21.6399 | 21.4588 | 21.5462 |
| May | 21.6109 | 21.4837 | 21.5490 |
| June | 21.6246 | 21.4864 | 21.5815 |
| July | 21.6305 | 21.4896 | 21.5846 |
| August | 21.6415 | 21.5462 | 21.5997 |
| September | 21.6304 | 21.5445 | 21.5847 |
| October | 21.7128 | 21.5848 | 21.6247 |
| November | 21.6796 | 21.5644 | 21.6054 |
| December | 21.7015 | 21.4605 | 21.6029 |