YEARLY HIGH
21.9209 MVR
YEARLY LOW
21.6502 MVR
YEARLY AVERAGE
21.7821 MVR

2019 JOD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 21.9209. Conversely, the yearly low was recorded on May 14, dropping to 21.6502.

This high-to-low spread represents a total annual volatility of 0.2707 MVR. From a start-to-finish perspective, comparing the January average rate of 21.8188 to the December average rate of 21.7784, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 21.9209 was down 0.16% compared to the 2018 peak of 21.9555, 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 109,605 MVR
2018 Average 108,811 MVR
Yearly Trough Low 108,251 MVR
Transaction Impact: A difference of 1,353.73 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

21.8317
21.7362
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 21.7895, compared to 21.7748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 21.7895
H2 Avg (Jul–Dec) 21.7748

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.2178 MVR (High: 21.9209 / Low: 21.7031). On the other end, December was the most stable month, with a tight range of 0.0858 MVR (High: 21.8054 / Low: 21.7195).

August Spread (Volatile) ±0.2178
December Spread (Stable) ±0.0858

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0796 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0796

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 21.8237) against the same month in 2018 (average: 21.7533), the exchange rate shifted by +0.0705 (+0.32%).

2019 Avg (August) 21.8237
2018 Avg (August) 21.7533

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.9136 21.7653 21.8188
February 21.8617 21.7075 21.7931
March 21.8758 21.7207 21.8020
April 21.8618 21.6573 21.7671
May 21.8618 21.6502 21.7458
June 21.8758 21.7207 21.8104
July 21.8618 21.6502 21.7869
August 21.9209 21.7031 21.8237
September 21.8494 21.7145 21.7441
October 21.8375 21.7099 21.7536
November 21.8618 21.6502 21.7619
December 21.8054 21.7195 21.7784