YEARLY HIGH
21.7273 ZAR
YEARLY LOW
16.2715 ZAR
YEARLY AVERAGE
18.6608 ZAR

2018 JOD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 21.7273. Conversely, the yearly low was recorded on February 24, dropping to 16.2715.

This high-to-low spread represents a total annual volatility of 5.4558 ZAR. From a start-to-finish perspective, comparing the January average rate of 17.1798 to the December average rate of 20.1353, the exchange rate registered a net change of 17.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 21.7273 was up 6.44% compared to the 2017 peak of 20.4124, 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 108,637 ZAR
2017 Average 93,815 ZAR
Yearly Trough Low 81,358 ZAR
Transaction Impact: A difference of 27,279.02 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.1746
16.2518
JanuMarcMayJulySeptNove

JOD to ZAR 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 17.3337, compared to 19.9879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6542 points.

H1 Avg (Jan–Jun) 17.3337
H2 Avg (Jul–Dec) 19.9879

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 2.0873 ZAR (High: 20.7236 / Low: 18.6364). On the other end, March was the most stable month, with a tight range of 0.5575 ZAR (High: 16.9576 / Low: 16.4002).

August Spread (Volatile) ±2.0873
March Spread (Stable) ±0.5575

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6391 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.6391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 20.7644) against the same month in 2017 (average: 18.5650), the exchange rate shifted by +2.1994 (+11.85%).

2018 Avg (September) 20.7644
2017 Avg (September) 18.5650

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.5413 16.7096 17.1798
February 17.1267 16.2715 16.6620
March 16.9576 16.4002 16.7004
April 17.5424 16.6751 17.0588
May 18.0003 17.2559 17.6655
June 19.5462 17.7191 18.7354
July 19.5042 18.4796 18.8673
August 20.7236 18.6364 19.8053
September 21.7273 19.8962 20.7644
October 20.9521 19.9860 20.4971
November 20.3905 19.2645 19.8580
December 20.6140 19.3073 20.1353