2018 JOD to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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 21.7684, 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |