YEARLY HIGH
87.5753 MZN
YEARLY LOW
81.3934 MZN
YEARLY AVERAGE
84.9142 MZN

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 437,876 MZN
2017 Average 453,123 MZN
Yearly Trough Low 406,967 MZN
Transaction Impact: A difference of 30,909.50 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

87.6975
82.2993
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 85.1173
H2 Avg (Jul–Dec) 84.7112

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±3.0527
October Spread (Stable) ±0.4623

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.7179

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (March) 87.2476
2017 Avg (March) 97.5819

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