YEARLY HIGH
0.0132 JOD
YEARLY LOW
0.0126 JOD
YEARLY AVERAGE
0.0129 JOD

2019 MKD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0132. Conversely, the yearly low was recorded on September 26, dropping to 0.0126.

This high-to-low spread represents a total annual volatility of 0.0007 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0128, the exchange rate registered a net change of -2.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0132 was down 8.12% compared to the 2018 peak of 0.0144, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 66 JOD
2018 Average 68 JOD
Yearly Trough Low 63 JOD
Transaction Impact: A difference of 3.42 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0132
0.0126
JanuMarcMayJulySeptNove

MKD to JOD 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 0.0130, compared to 0.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0130
H2 Avg (Jul–Dec) 0.0128

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0003 JOD (High: 0.0131 / Low: 0.0128). On the other end, May was the most stable month, with a tight range of 0.0001 JOD (High: 0.0129 / Low: 0.0128).

June Spread (Volatile) ±0.0003
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0131) against the same month in 2018 (average: 0.0141), the exchange rate shifted by -0.0009 (-6.47%).

2019 Avg (January) 0.0131
2018 Avg (January) 0.0141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0131 0.0131
February 0.0132 0.0130 0.0131
March 0.0131 0.0129 0.0130
April 0.0131 0.0128 0.0129
May 0.0129 0.0128 0.0129
June 0.0131 0.0128 0.0130
July 0.0131 0.0128 0.0130
August 0.0130 0.0127 0.0128
September 0.0128 0.0126 0.0127
October 0.0129 0.0126 0.0127
November 0.0129 0.0127 0.0127
December 0.0129 0.0127 0.0128