YEARLY HIGH
0.0034 JOD
YEARLY LOW
0.0020 JOD
YEARLY AVERAGE
0.0020 JOD

2018 MRO to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.0034. Conversely, the yearly low was recorded on October 4, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0014 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0020, the exchange rate registered a net change of -0.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0034 was up 69.75% compared to the 2017 peak of 0.0020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17 JOD
2017 Average 10 JOD
Yearly Trough Low 10 JOD
Transaction Impact: A difference of 7.13 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0021
0.0020
JanuMarcMayJulySeptNove

MRO 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 0.0020, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0020
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0014 JOD (High: 0.0034 / Low: 0.0020). On the other end, November was the most stable month, with a tight range of 0.0000 JOD (High: 0.0020 / Low: 0.0020).

October Spread (Volatile) ±0.0014
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between October and November, 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 (October 2018: 0.0021) against the same month in 2017 (average: 0.0020), the exchange rate shifted by +0.0001 (+5.86%).

2018 Avg (October) 0.0021
2017 Avg (October) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0020 0.0020
February 0.0020 0.0020 0.0020
March 0.0020 0.0020 0.0020
April 0.0020 0.0020 0.0020
May 0.0020 0.0020 0.0020
June 0.0020 0.0020 0.0020
July 0.0020 0.0020 0.0020
August 0.0020 0.0020 0.0020
September 0.0020 0.0020 0.0020
October 0.0034 0.0020 0.0021
November 0.0020 0.0020 0.0020
December 0.0020 0.0020 0.0020