YEARLY HIGH
0.0378 JOD
YEARLY LOW
0.0352 JOD
YEARLY AVERAGE
0.0368 JOD

2019 MXN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MXN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.0378. Conversely, the yearly low was recorded on August 28, dropping to 0.0352.

This high-to-low spread represents a total annual volatility of 0.0026 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0370 to the December average rate of 0.0371, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0378 was down 4.25% compared to the 2018 peak of 0.0394, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 1,889 JOD
2018 Average 1,848 JOD
Yearly Trough Low 1,759 JOD
Transaction Impact: A difference of 129.34 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0376
0.0359
JanuMarcMayJulySeptNove

MXN 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 0.0370, compared to 0.0367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0370
H2 Avg (Jul–Dec) 0.0367

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0017 JOD (High: 0.0369 / Low: 0.0352). On the other end, July was the most stable month, with a tight range of 0.0005 JOD (High: 0.0374 / Low: 0.0369).

August Spread (Volatile) ±0.0017
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.0374) against the same month in 2018 (average: 0.0386), the exchange rate shifted by -0.0012 (-3.08%).

2019 Avg (April) 0.0374
2018 Avg (April) 0.0386

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0376 0.0361 0.0370
February 0.0373 0.0365 0.0370
March 0.0377 0.0362 0.0368
April 0.0378 0.0369 0.0374
May 0.0375 0.0361 0.0371
June 0.0373 0.0358 0.0368
July 0.0374 0.0369 0.0372
August 0.0369 0.0352 0.0360
September 0.0366 0.0352 0.0362
October 0.0372 0.0358 0.0367
November 0.0371 0.0363 0.0367
December 0.0377 0.0362 0.0371