YEARLY HIGH
848.5918 XOF
YEARLY LOW
800.0450 XOF
YEARLY AVERAGE
826.2202 XOF

2019 JOD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 848.5918. Conversely, the yearly low was recorded on January 9, dropping to 800.0450.

This high-to-low spread represents a total annual volatility of 48.5468 XOF. From a start-to-finish perspective, comparing the January average rate of 809.4654 to the December average rate of 832.5171, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 848.5918 was up 3.03% compared to the 2018 peak of 823.5983, 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 4,242,959 XOF
2018 Average 3,917,242 XOF
Yearly Trough Low 4,000,225 XOF
Transaction Impact: A difference of 242,734.21 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

842.8642
806.4292
JanuMarcMayJulySeptNove

JOD to XOF 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 818.6912, compared to 833.7492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.0580 points.

H1 Avg (Jan–Jun) 818.6912
H2 Avg (Jul–Dec) 833.7492

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 19.0204 XOF (High: 840.3419 / Low: 821.3214). On the other end, May was the most stable month, with a tight range of 7.8558 XOF (High: 831.2701 / Low: 823.4142).

August Spread (Volatile) ±19.0204
May Spread (Stable) ±7.8558

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 8.0493 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -8.0493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 839.8279) against the same month in 2018 (average: 793.2595), the exchange rate shifted by +46.5685 (+5.87%).

2019 Avg (September) 839.8279
2018 Avg (September) 793.2595

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 817.1455 800.0450 809.4654
February 820.6740 807.4894 814.6452
March 825.8353 809.5434 818.7595
April 830.8114 818.4254 823.7040
May 831.2701 823.4142 826.8113
June 827.9430 811.6189 818.7619
July 835.6270 819.3640 825.0344
August 840.3419 821.3214 831.1230
September 848.5918 831.2751 839.8279
October 846.0380 829.1030 836.8379
November 840.6848 828.9923 837.1551
December 839.0777 824.5930 832.5171