2019 JOD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 JOD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the JOD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 351423.9278. Conversely, the yearly low was recorded on January 6, dropping to 349831.8221.
This high-to-low spread represents a total annual volatility of 1592.1057 VEF. From a start-to-finish perspective, comparing the January average rate of 350145.8461 to the December average rate of 350430.0085, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 351423.9278 was up 0.31% compared to the 2018 peak of 350340.1672, 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 2019.
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 350396.8387, compared to 350546.7267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 149.8880 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was September, with a trading range of 1036.0991 VEF (High: 351412.4971 / Low: 350376.3980). On the other end, June was the most stable month, with a tight range of 51.8964 VEF (High: 350476.2232 / Low: 350424.3268).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 125.5647 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2019: 350670.9405) against the same month in 2018 (average: 256235.9404), the exchange rate shifted by +94435.0001 (+36.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 350214.4268 | 349831.8221 | 350145.8461 |
| February | 350474.7402 | 350178.3987 | 350284.3392 |
| March | 350624.5834 | 350325.5190 | 350456.2156 |
| April | 350809.7151 | 350474.2459 | 350521.5353 |
| May | 350971.7418 | 350474.2459 | 350499.2455 |
| June | 350476.2232 | 350424.3268 | 350473.8507 |
| July | 350971.7418 | 350474.2459 | 350491.2031 |
| August | 351423.9278 | 350474.2459 | 350670.9405 |
| September | 351412.4971 | 350376.3980 | 350580.4720 |
| October | 351219.7787 | 350377.3861 | 350616.6504 |
| November | 350723.5600 | 350229.2350 | 350491.0857 |
| December | 350476.2232 | 350229.2350 | 350430.0085 |