YEARLY HIGH
0.0615 JOD
YEARLY LOW
0.0460 JOD
YEARLY AVERAGE
0.0540 JOD

2018 ZAR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0615. Conversely, the yearly low was recorded on September 5, dropping to 0.0460.

This high-to-low spread represents a total annual volatility of 0.0154 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0582 to the December average rate of 0.0497, the exchange rate registered a net change of -14.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0615 was up 6.34% compared to the 2017 peak of 0.0578, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,073 JOD
2017 Average 2,667 JOD
Yearly Trough Low 2,301 JOD
Transaction Impact: A difference of 771.61 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0612
0.0470
JanuMarcMayJulySeptNove

ZAR 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 0.0054 JOD (High: 0.0537 / Low: 0.0483). On the other end, March was the most stable month, with a tight range of 0.0020 JOD (High: 0.0610 / Low: 0.0590).

August Spread (Volatile) ±0.0054
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 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0600) against the same month in 2017 (average: 0.0538), the exchange rate shifted by +0.0062 (+11.62%).

2018 Avg (February) 0.0600
2017 Avg (February) 0.0538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0598 0.0570 0.0582
February 0.0615 0.0584 0.0600
March 0.0610 0.0590 0.0599
April 0.0600 0.0570 0.0586
May 0.0580 0.0556 0.0566
June 0.0564 0.0512 0.0534
July 0.0541 0.0513 0.0530
August 0.0537 0.0483 0.0506
September 0.0503 0.0460 0.0482
October 0.0500 0.0477 0.0488
November 0.0519 0.0490 0.0504
December 0.0518 0.0485 0.0497