YEARLY HIGH
0.0800 JOD
YEARLY LOW
0.0713 JOD
YEARLY AVERAGE
0.0750 JOD

2019 SEK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SEK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0800. Conversely, the yearly low was recorded on October 9, dropping to 0.0713.

This high-to-low spread represents a total annual volatility of 0.0088 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0790 to the December average rate of 0.0752, the exchange rate registered a net change of -4.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0800 was down 11.51% compared to the 2018 peak of 0.0905, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 400 JOD
2018 Average 409 JOD
Yearly Trough Low 356 JOD
Transaction Impact: A difference of 43.97 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0796
0.0720
JanuMarcMayJulySeptNove

SEK 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 0.0762, compared to 0.0739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0762
H2 Avg (Jul–Dec) 0.0739

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0028 JOD (High: 0.0762 / Low: 0.0734). On the other end, November was the most stable month, with a tight range of 0.0013 JOD (High: 0.0742 / Low: 0.0729).

July Spread (Volatile) ±0.0028
November Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0790) against the same month in 2018 (average: 0.0882), the exchange rate shifted by -0.0092 (-10.49%).

2019 Avg (January) 0.0790
2018 Avg (January) 0.0882

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0800 0.0783 0.0790
February 0.0783 0.0757 0.0767
March 0.0777 0.0750 0.0763
April 0.0767 0.0744 0.0759
May 0.0747 0.0733 0.0739
June 0.0766 0.0744 0.0754
July 0.0762 0.0734 0.0753
August 0.0743 0.0722 0.0735
September 0.0739 0.0720 0.0730
October 0.0735 0.0713 0.0726
November 0.0742 0.0729 0.0736
December 0.0760 0.0741 0.0752