YEARLY HIGH
2.1893 NZD
YEARLY LOW
1.9046 NZD
YEARLY AVERAGE
2.0384 NZD

2018 JOD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 2.1893. Conversely, the yearly low was recorded on February 15, dropping to 1.9046.

This high-to-low spread represents a total annual volatility of 0.2847 NZD. From a start-to-finish perspective, comparing the January average rate of 1.9430 to the December average rate of 2.0708, the exchange rate registered a net change of 6.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1893 was up 5.62% compared to the 2017 peak of 2.0727, 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 10,946 NZD
2017 Average 9,923 NZD
Yearly Trough Low 9,523 NZD
Transaction Impact: A difference of 1,423.34 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1834
1.9068
JanuMarcMayJulySeptNove

JOD to NZD 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 1.9706, compared to 2.1063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1357 points.

H1 Avg (Jan–Jun) 1.9706
H2 Avg (Jul–Dec) 2.1063

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 0.0926 NZD (High: 2.0026 / Low: 1.9100). On the other end, March was the most stable month, with a tight range of 0.0407 NZD (High: 1.9646 / Low: 1.9240).

April Spread (Volatile) ±0.0926
March Spread (Stable) ±0.0407

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0799 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0799

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 2.1604) against the same month in 2017 (average: 2.0021), the exchange rate shifted by +0.1583 (+7.91%).

2018 Avg (October) 2.1604
2017 Avg (October) 2.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9902 1.9114 1.9430
February 1.9570 1.9046 1.9299
March 1.9646 1.9240 1.9442
April 2.0026 1.9100 1.9476
May 2.0527 2.0020 2.0276
June 2.0872 2.0025 2.0311
July 2.1005 2.0583 2.0755
August 2.1495 2.0746 2.1149
September 2.1634 2.1054 2.1356
October 2.1893 2.1346 2.1604
November 2.1198 2.0489 2.0804
December 2.1033 2.0312 2.0708