YEARLY HIGH
0.0613 JOD
YEARLY LOW
0.0458 JOD
YEARLY AVERAGE
0.0540 JOD

2018 SZL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.0613. Conversely, the yearly low was recorded on September 5, dropping to 0.0458.

This high-to-low spread represents a total annual volatility of 0.0155 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0582 to the December average rate of 0.0499, the exchange rate registered a net change of -14.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0613 was up 6.09% compared to the 2017 peak of 0.0578, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 307 JOD
2017 Average 267 JOD
Yearly Trough Low 229 JOD
Transaction Impact: A difference of 77.73 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0611
0.0470
JanuMarcMayJulySeptNove

SZL 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 0.0578, compared to 0.0501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.0578
H2 Avg (Jul–Dec) 0.0501

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0051 JOD (High: 0.0536 / Low: 0.0484). On the other end, March was the most stable month, with a tight range of 0.0020 JOD (High: 0.0609 / Low: 0.0589).

August Spread (Volatile) ±0.0051
March Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0599) against the same month in 2017 (average: 0.0537), the exchange rate shifted by +0.0062 (+11.63%).

2018 Avg (February) 0.0599
2017 Avg (February) 0.0537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0598 0.0566 0.0582
February 0.0613 0.0584 0.0599
March 0.0609 0.0589 0.0599
April 0.0601 0.0570 0.0587
May 0.0579 0.0556 0.0566
June 0.0564 0.0514 0.0536
July 0.0541 0.0513 0.0529
August 0.0536 0.0484 0.0507
September 0.0502 0.0458 0.0482
October 0.0502 0.0476 0.0489
November 0.0518 0.0488 0.0504
December 0.0519 0.0488 0.0499