2018 JOD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JOD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JOD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 350340.1672. Conversely, the yearly low was recorded on January 1, dropping to 14.0534.
This high-to-low spread represents a total annual volatility of 350326.1138 VEF. From a start-to-finish perspective, comparing the January average rate of 14.2397 to the December average rate of 350112.8039, the exchange rate registered a net change of 2458605.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 350340.1672 was up 2261263.23% compared to the 2017 peak of 15.4924, 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 VEF 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 59950.0753, compared to 297528.1766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 237578.1014 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 200123.7142 VEF (High: 350205.2971 / Low: 150081.5829). On the other end, January was the most stable month, with a tight range of 0.7180 VEF (High: 14.7714 / Low: 14.0534).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 120.9057 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 350233.7096) against the same month in 2017 (average: 14.5895), the exchange rate shifted by +350219.1202 (+2400495.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.7714 | 14.0534 | 14.2397 |
| February | 40846.2047 | 14.0692 | 23037.0761 |
| March | 56774.0617 | 40796.8395 | 51294.8569 |
| April | 94249.0729 | 56654.2471 | 70533.0344 |
| May | 112635.1827 | 97109.9569 | 102246.1242 |
| June | 112684.5130 | 112407.2886 | 112575.1202 |
| July | 150082.2175 | 112534.4188 | 128319.5070 |
| August | 350205.2971 | 150081.5829 | 256235.9404 |
| September | 350205.2971 | 349611.5267 | 350078.1776 |
| October | 350206.7779 | 349957.6889 | 350188.9212 |
| November | 350340.1672 | 350171.3007 | 350233.7096 |
| December | 350227.7541 | 349830.8371 | 350112.8039 |