YEARLY HIGH
1125.5649 MWK
YEARLY LOW
1010.8413 MWK
YEARLY AVERAGE
1028.3245 MWK

2018 JOD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 1125.5649. Conversely, the yearly low was recorded on June 17, dropping to 1010.8413.

This high-to-low spread represents a total annual volatility of 114.7236 MWK. From a start-to-finish perspective, comparing the January average rate of 1022.0377 to the December average rate of 1054.2926, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1125.5649 was up 8.84% compared to the 2017 peak of 1034.1747, 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 5,627,824 MWK
2017 Average 5,115,577 MWK
Yearly Trough Low 5,054,207 MWK
Transaction Impact: A difference of 573,617.81 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1061.8136
1012.6599
JanuMarcMayJulySeptNove

JOD to MWK 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 1027.4041, compared to 1029.2450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8409 points.

H1 Avg (Jan–Jun) 1027.4041
H2 Avg (Jul–Dec) 1029.2450

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 114.7236 MWK (High: 1125.5649 / Low: 1010.8413). On the other end, September was the most stable month, with a tight range of 4.0754 MWK (High: 1025.1134 / Low: 1021.0380).

June Spread (Volatile) ±114.7236
September Spread (Stable) ±4.0754

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 34.1250 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -34.1250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 1057.7175) against the same month in 2017 (average: 1023.0208), the exchange rate shifted by +34.6967 (+3.39%).

2018 Avg (June) 1057.7175
2017 Avg (June) 1023.0208

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1024.7650 1016.8193 1022.0377
February 1025.3317 1021.1619 1022.5659
March 1024.7336 1019.7349 1022.4918
April 1041.7559 1016.9660 1022.8556
May 1057.1267 1014.0053 1016.7560
June 1125.5649 1010.8413 1057.7175
July 1024.4490 1020.1772 1023.5925
August 1025.1056 1017.0420 1024.0360
September 1025.1134 1021.0380 1024.4640
October 1025.1325 1019.8206 1024.5608
November 1025.2593 1020.2500 1024.5241
December 1100.2669 1025.0262 1054.2926