YEARLY HIGH
28.4201 MXN
YEARLY LOW
26.4737 MXN
YEARLY AVERAGE
27.1469 MXN

2019 JOD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 28.4201. Conversely, the yearly low was recorded on April 13, dropping to 26.4737.

This high-to-low spread represents a total annual volatility of 1.9463 MXN. From a start-to-finish perspective, comparing the January average rate of 27.0206 to the December average rate of 26.9235, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 28.4201 was down 3.16% compared to the 2018 peak of 29.3488, 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 142,100 MXN
2018 Average 135,469 MXN
Yearly Trough Low 132,369 MXN
Transaction Impact: A difference of 9,731.64 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

27.8923
26.6083
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 27.0171, compared to 27.2767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2596 points.

H1 Avg (Jan–Jun) 27.0171
H2 Avg (Jul–Dec) 27.2767

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.3047 MXN (High: 28.4201 / Low: 27.1153). On the other end, July was the most stable month, with a tight range of 0.3848 MXN (High: 27.0956 / Low: 26.7108).

August Spread (Volatile) ±1.3047
July Spread (Stable) ±0.3848

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 March and April, when the average rate fell by 0.4408 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4408

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 27.7853) against the same month in 2018 (average: 26.5617), the exchange rate shifted by +1.2236 (+4.61%).

2019 Avg (August) 27.7853
2018 Avg (August) 26.5617

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.6728 26.6140 27.0206
February 27.3869 26.8307 27.0352
March 27.5877 26.5362 27.1561
April 27.1239 26.4737 26.7153
May 27.6668 26.6839 26.9642
June 27.9362 26.8038 27.2110
July 27.0956 26.7108 26.8656
August 28.4201 27.1153 27.7853
September 28.3921 27.3184 27.6290
October 27.9591 26.9126 27.2442
November 27.5838 26.9469 27.2128
December 27.6139 26.5514 26.9235