YEARLY HIGH
1.8896 JOD
YEARLY LOW
1.8694 JOD
YEARLY AVERAGE
1.8806 JOD

2017 BHD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BHD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 1.8896. Conversely, the yearly low was recorded on October 1, dropping to 1.8694.

This high-to-low spread represents a total annual volatility of 0.0202 JOD. From a start-to-finish perspective, comparing the January average rate of 1.8794 to the December average rate of 1.8810, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.8896 was up 0.26% compared to the 2016 peak of 1.8847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,448 JOD
2016 Average 9,397 JOD
Yearly Trough Low 9,347 JOD
Transaction Impact: A difference of 101.19 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8832
1.8784
JanuMarcMayJulySeptNove

BHD 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 1.8812, compared to 1.8801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 1.8812
H2 Avg (Jul–Dec) 1.8801

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0122 JOD (High: 1.8815 / Low: 1.8694). On the other end, August was the most stable month, with a tight range of 0.0026 JOD (High: 1.8809 / Low: 1.8783).

October Spread (Volatile) ±0.0122
August Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0018 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.8820) against the same month in 2016 (average: 1.8796), the exchange rate shifted by +0.0024 (+0.13%).

2017 Avg (April) 1.8820
2016 Avg (April) 1.8796

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8807 1.8780 1.8794
February 1.8818 1.8780 1.8797
March 1.8857 1.8784 1.8808
April 1.8896 1.8797 1.8820
May 1.8886 1.8801 1.8828
June 1.8887 1.8787 1.8825
July 1.8844 1.8785 1.8816
August 1.8809 1.8783 1.8798
September 1.8816 1.8779 1.8798
October 1.8815 1.8694 1.8795
November 1.8805 1.8766 1.8788
December 1.8855 1.8790 1.8810