2018 JOD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JOD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JOD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 87.5753. Conversely, the yearly low was recorded on August 4, dropping to 81.3934.
This high-to-low spread represents a total annual volatility of 6.1819 MZN. From a start-to-finish perspective, comparing the January average rate of 83.2568 to the December average rate of 85.9532, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 87.5753 was down 13.22% compared to the 2017 peak of 100.9112, 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 MZN 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 85.1173, compared to 84.7112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4061 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 3.0527 MZN (High: 84.4461 / Low: 81.3934). On the other end, October was the most stable month, with a tight range of 0.4623 MZN (High: 85.6237 / Low: 85.1614).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.7179 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 87.2476) against the same month in 2017 (average: 97.5819), the exchange rate shifted by -10.3343 (-10.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84.8086 | 82.8137 | 83.2568 |
| February | 86.3546 | 85.3282 | 85.8823 |
| March | 87.5753 | 85.9683 | 87.2476 |
| April | 86.2832 | 84.1078 | 85.5297 |
| May | 85.4685 | 84.1434 | 84.8372 |
| June | 84.5134 | 83.3890 | 83.9501 |
| July | 84.6362 | 81.7921 | 83.1571 |
| August | 84.4461 | 81.3934 | 82.7491 |
| September | 85.8012 | 84.4461 | 85.2127 |
| October | 85.6237 | 85.1614 | 85.4076 |
| November | 86.4047 | 85.1315 | 85.7876 |
| December | 86.8169 | 84.9189 | 85.9532 |