YEARLY HIGH
52.0324 NAD
YEARLY LOW
18.7644 NAD
YEARLY AVERAGE
20.4536 NAD

2019 JOD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 52.0324. Conversely, the yearly low was recorded on February 3, dropping to 18.7644.

This high-to-low spread represents a total annual volatility of 33.2680 NAD. From a start-to-finish perspective, comparing the January average rate of 19.5673 to the December average rate of 20.3246, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 52.0324 was up 143.79% compared to the 2018 peak of 21.3429, 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 260,162 NAD
2018 Average 93,227 NAD
Yearly Trough Low 93,822 NAD
Transaction Impact: A difference of 166,340.00 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

21.5374
19.2368
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 20.1918, compared to 20.7154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5235 points.

H1 Avg (Jan–Jun) 20.1918
H2 Avg (Jul–Dec) 20.7154

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 31.9649 NAD (High: 52.0324 / Low: 20.0675). On the other end, July was the most stable month, with a tight range of 0.4877 NAD (High: 20.0561 / Low: 19.5684).

May Spread (Volatile) ±31.9649
July Spread (Stable) ±0.4877

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.7851 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7851

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 21.3457) against the same month in 2018 (average: 17.6412), the exchange rate shifted by +3.7044 (+21.00%).

2019 Avg (May) 21.3457
2018 Avg (May) 17.6412

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.3071 18.7969 19.5673
February 19.9209 18.7644 19.4285
March 20.6488 19.5993 20.2623
April 20.6206 19.6965 19.9868
May 52.0324 20.0675 21.3457
June 21.2013 19.9153 20.5605
July 20.0561 19.5684 19.7798
August 21.7779 20.0423 21.3336
September 21.4969 20.6165 20.9591
October 21.5381 20.5054 21.0262
November 21.3351 20.5977 20.8690
December 20.8878 19.7747 20.3246