YEARLY HIGH
0.4368 JOD
YEARLY LOW
0.3771 JOD
YEARLY AVERAGE
0.4097 JOD

2017 BGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.4368. Conversely, the yearly low was recorded on January 3, dropping to 0.3771.

This high-to-low spread represents a total annual volatility of 0.0597 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3851 to the December average rate of 0.4295, the exchange rate registered a net change of 11.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4368 was up 4.70% compared to the 2016 peak of 0.4172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,184 JOD
2016 Average 2,005 JOD
Yearly Trough Low 1,885 JOD
Transaction Impact: A difference of 298.71 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4366
0.3804
JanuMarcMayJulySeptNove

BGN 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 0.3926, compared to 0.4267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0341 points.

H1 Avg (Jan–Jun) 0.3926
H2 Avg (Jul–Dec) 0.4267

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0169 JOD (High: 0.4288 / Low: 0.4120). On the other end, February was the most stable month, with a tight range of 0.0085 JOD (High: 0.3908 / Low: 0.3824).

July Spread (Volatile) ±0.0169
February Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0058 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.4319) against the same month in 2016 (average: 0.4060), the exchange rate shifted by +0.0259 (+6.38%).

2017 Avg (September) 0.4319
2016 Avg (September) 0.4060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3909 0.3771 0.3851
February 0.3908 0.3824 0.3856
March 0.3940 0.3808 0.3876
April 0.3965 0.3838 0.3885
May 0.4077 0.3940 0.4014
June 0.4157 0.4039 0.4077
July 0.4288 0.4120 0.4186
August 0.4344 0.4249 0.4284
September 0.4368 0.4257 0.4319
October 0.4300 0.4208 0.4260
November 0.4325 0.4197 0.4258
December 0.4361 0.4253 0.4295