YEARLY HIGH
21.8071 ZAR
YEARLY LOW
18.6937 ZAR
YEARLY AVERAGE
20.3756 ZAR

2019 JOD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 21.8071. Conversely, the yearly low was recorded on January 31, dropping to 18.6937.

This high-to-low spread represents a total annual volatility of 3.1133 ZAR. From a start-to-finish perspective, comparing the January average rate of 19.4939 to the December average rate of 20.2956, the exchange rate registered a net change of 4.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 21.8071 was up 0.37% compared to the 2018 peak of 21.7273, 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 109,035 ZAR
2018 Average 93,362 ZAR
Yearly Trough Low 93,469 ZAR
Transaction Impact: A difference of 15,566.58 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

21.6175
19.2688
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 20.0142, compared to 20.7370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7228 points.

H1 Avg (Jan–Jun) 20.0142
H2 Avg (Jul–Dec) 20.7370

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1.8667 ZAR (High: 20.5604 / Low: 18.6937). On the other end, November was the most stable month, with a tight range of 0.5597 ZAR (High: 21.2130 / Low: 20.6533).

January Spread (Volatile) ±1.8667
November Spread (Stable) ±0.5597

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.7095 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 21.4218) against the same month in 2018 (average: 19.8053), the exchange rate shifted by +1.6165 (+8.16%).

2019 Avg (August) 21.4218
2018 Avg (August) 19.8053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.5604 18.6937 19.4939
February 19.9148 18.7919 19.4646
March 20.6096 19.9780 20.2985
April 20.3858 19.6155 19.9531
May 20.8613 19.9779 20.3265
June 21.1833 19.8601 20.5486
July 20.2316 19.5614 19.8391
August 21.8071 20.6204 21.4218
September 21.5084 20.5610 20.9828
October 21.6331 20.5509 21.0119
November 21.2130 20.6533 20.8707
December 20.8588 19.7615 20.2956