2018 JOD to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JOD to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JOD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 29.3488. Conversely, the yearly low was recorded on April 16, dropping to 25.3486.
This high-to-low spread represents a total annual volatility of 4.0002 MXN. From a start-to-finish perspective, comparing the January average rate of 26.6483 to the December average rate of 28.2980, the exchange rate registered a net change of 6.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 29.3488 was down 5.18% compared to the 2017 peak of 30.9518, 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 MXN 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 26.8576, compared to 27.3241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4665 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 2.2667 MXN (High: 28.6399 / Low: 26.3732). On the other end, February was the most stable month, with a tight range of 0.7595 MXN (High: 26.5993 / Low: 25.8399).
Growth Streaks & Declines
TrendsBetween August and November, 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 1.7803 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 28.5578) against the same month in 2017 (average: 25.5715), the exchange rate shifted by +2.9863 (+11.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.6678 | 26.0468 | 26.6483 |
| February | 26.5993 | 25.8399 | 26.2757 |
| March | 26.5918 | 25.5951 | 26.2177 |
| April | 26.7005 | 25.3486 | 25.8963 |
| May | 28.1222 | 26.7092 | 27.5500 |
| June | 29.3488 | 27.8285 | 28.5578 |
| July | 28.1421 | 26.1212 | 26.7775 |
| August | 27.0435 | 26.0154 | 26.5617 |
| September | 27.3188 | 26.3215 | 26.7678 |
| October | 28.6399 | 26.3732 | 27.0330 |
| November | 29.0414 | 27.7928 | 28.5065 |
| December | 28.9286 | 27.6897 | 28.2980 |