YEARLY HIGH
0.0535 JOD
YEARLY LOW
0.0459 JOD
YEARLY AVERAGE
0.0491 JOD

2019 ZAR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0535. Conversely, the yearly low was recorded on August 19, dropping to 0.0459.

This high-to-low spread represents a total annual volatility of 0.0076 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0513 to the December average rate of 0.0493, the exchange rate registered a net change of -3.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0535 was down 12.96% compared to the 2018 peak of 0.0615, 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 2,675 JOD
2018 Average 2,696 JOD
Yearly Trough Low 2,293 JOD
Transaction Impact: A difference of 381.86 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0519
0.0462
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 0.0500, 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 0.0017 points.

H1 Avg (Jan–Jun) 0.0500
H2 Avg (Jul–Dec) 0.0483

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0049 JOD (High: 0.0535 / Low: 0.0486). On the other end, November was the most stable month, with a tight range of 0.0013 JOD (High: 0.0484 / Low: 0.0471).

January Spread (Volatile) ±0.0049
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 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 (January 2019: 0.0513) against the same month in 2018 (average: 0.0582), the exchange rate shifted by -0.0069 (-11.86%).

2019 Avg (January) 0.0513
2018 Avg (January) 0.0582

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0535 0.0486 0.0513
February 0.0532 0.0502 0.0514
March 0.0501 0.0485 0.0493
April 0.0510 0.0491 0.0501
May 0.0501 0.0479 0.0492
June 0.0504 0.0472 0.0487
July 0.0511 0.0494 0.0504
August 0.0485 0.0459 0.0467
September 0.0486 0.0465 0.0477
October 0.0487 0.0462 0.0476
November 0.0484 0.0471 0.0479
December 0.0506 0.0479 0.0493