YEARLY HIGH
0.0533 JOD
YEARLY LOW
0.0192 JOD
YEARLY AVERAGE
0.0491 JOD

2019 NAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0533. Conversely, the yearly low was recorded on May 19, dropping to 0.0192.

This high-to-low spread represents a total annual volatility of 0.0341 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0511 to the December average rate of 0.0492, the exchange rate registered a net change of -3.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0533 was down 13.28% compared to the 2018 peak of 0.0615, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 266 JOD
2018 Average 270 JOD
Yearly Trough Low 96 JOD
Transaction Impact: A difference of 170.37 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0520
0.0464
JanuMarcMayJulySeptNove

NAD 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 0.0498, compared to 0.0483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0498
H2 Avg (Jul–Dec) 0.0483

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0306 JOD (High: 0.0498 / Low: 0.0192). On the other end, July was the most stable month, with a tight range of 0.0012 JOD (High: 0.0511 / Low: 0.0499).

May Spread (Volatile) ±0.0306
July Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0037 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.0515) against the same month in 2018 (average: 0.0600), the exchange rate shifted by -0.0085 (-14.17%).

2019 Avg (February) 0.0515
2018 Avg (February) 0.0600

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0532 0.0492 0.0511
February 0.0533 0.0502 0.0515
March 0.0510 0.0484 0.0494
April 0.0508 0.0485 0.0500
May 0.0498 0.0192 0.0482
June 0.0502 0.0472 0.0487
July 0.0511 0.0499 0.0506
August 0.0499 0.0459 0.0469
September 0.0485 0.0465 0.0477
October 0.0488 0.0464 0.0476
November 0.0485 0.0469 0.0479
December 0.0506 0.0479 0.0492