YEARLY HIGH
21.9555 MVR
YEARLY LOW
21.6685 MVR
YEARLY AVERAGE
21.7620 MVR

2018 JOD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 21.9555. Conversely, the yearly low was recorded on September 16, dropping to 21.6685.

This high-to-low spread represents a total annual volatility of 0.2870 MVR. From a start-to-finish perspective, comparing the January average rate of 21.7075 to the December average rate of 21.7753, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 21.9555 was down 0.29% compared to the 2017 peak of 22.0186, 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 109,778 MVR
2017 Average 108,810 MVR
Yearly Trough Low 108,343 MVR
Transaction Impact: A difference of 1,434.87 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.8675
21.6929
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 21.7684, compared to 21.7556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 21.7684
H2 Avg (Jul–Dec) 21.7556

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 0.2437 MVR (High: 21.9385 / Low: 21.6949). On the other end, November was the most stable month, with a tight range of 0.0172 MVR (High: 21.7899 / Low: 21.7727).

April Spread (Volatile) ±0.2437
November Spread (Stable) ±0.0172

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0898 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0898

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 21.8529) against the same month in 2017 (average: 21.7984), the exchange rate shifted by +0.0545 (+0.25%).

2018 Avg (May) 21.8529
2017 Avg (May) 21.7984

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.7346 21.6750 21.7075
February 21.8053 21.6994 21.7579
March 21.8115 21.7055 21.7839
April 21.9385 21.6949 21.7452
May 21.9555 21.7761 21.8529
June 21.8602 21.6748 21.7631
July 21.9105 21.6868 21.7432
August 21.8040 21.7053 21.7533
September 21.7899 21.6685 21.7299
October 21.7899 21.7053 21.7500
November 21.7899 21.7727 21.7818
December 21.8008 21.7511 21.7753