YEARLY HIGH
0.1034 JOD
YEARLY LOW
0.1007 JOD
YEARLY AVERAGE
0.1022 JOD

2017 BOB to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.1034. Conversely, the yearly low was recorded on September 20, dropping to 0.1007.

This high-to-low spread represents a total annual volatility of 0.0028 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1024 to the December average rate of 0.1026, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1034 was down 0.53% compared to the 2016 peak of 0.1040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 517 JOD
2016 Average 514 JOD
Yearly Trough Low 503 JOD
Transaction Impact: A difference of 13.78 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1027
0.1014
JanuMarcMayJulySeptNove

BOB 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 0.1023, compared to 0.1021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1023
H2 Avg (Jul–Dec) 0.1021

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0018 JOD (High: 0.1030 / Low: 0.1011). On the other end, June was the most stable month, with a tight range of 0.0010 JOD (High: 0.1028 / Low: 0.1018).

October Spread (Volatile) ±0.0018
June Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.1024) against the same month in 2016 (average: 0.1036), the exchange rate shifted by -0.0012 (-1.17%).

2017 Avg (March) 0.1024
2016 Avg (March) 0.1036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1029 0.1017 0.1024
February 0.1031 0.1019 0.1024
March 0.1034 0.1021 0.1024
April 0.1030 0.1016 0.1023
May 0.1027 0.1014 0.1022
June 0.1028 0.1018 0.1023
July 0.1029 0.1013 0.1021
August 0.1026 0.1008 0.1018
September 0.1023 0.1007 0.1015
October 0.1030 0.1011 0.1025
November 0.1027 0.1011 0.1021
December 0.1034 0.1021 0.1026