YEARLY HIGH
21.3429 NAD
YEARLY LOW
16.2720 NAD
YEARLY AVERAGE
18.6338 NAD

2018 JOD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 21.3429. Conversely, the yearly low was recorded on February 24, dropping to 16.2720.

This high-to-low spread represents a total annual volatility of 5.0709 NAD. From a start-to-finish perspective, comparing the January average rate of 17.1742 to the December average rate of 20.0600, the exchange rate registered a net change of 16.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 21.3429 was up 4.66% compared to the 2017 peak of 20.3929, 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 106,714 NAD
2017 Average 93,816 NAD
Yearly Trough Low 81,360 NAD
Transaction Impact: A difference of 25,354.50 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

20.9900
16.2813
JanuMarcMayJulySeptNove

JOD to NAD 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 17.3185, compared to 19.9491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6306 points.

H1 Avg (Jan–Jun) 17.3185
H2 Avg (Jul–Dec) 19.9491

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.8498 NAD (High: 20.4895 / Low: 18.6398). On the other end, March was the most stable month, with a tight range of 0.5924 NAD (High: 16.9843 / Low: 16.3918).

August Spread (Volatile) ±1.8498
March Spread (Stable) ±0.5924

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5729 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.5729

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 20.5976) against the same month in 2017 (average: 18.5605), the exchange rate shifted by +2.0371 (+10.98%).

2018 Avg (September) 20.5976
2017 Avg (September) 18.5605

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.5734 16.6361 17.1742
February 17.1317 16.2720 16.6737
March 16.9843 16.3918 16.7122
April 17.5294 16.6666 17.0597
May 17.9683 17.2867 17.6412
June 19.4700 17.7282 18.6501
July 19.5130 18.4707 18.9661
August 20.4895 18.6398 19.7507
September 21.3429 19.9018 20.5976
October 20.9401 19.9397 20.4466
November 20.3952 19.2969 19.8737
December 20.5214 19.2667 20.0600