YEARLY HIGH
0.0077 JOD
YEARLY LOW
0.0067 JOD
YEARLY AVERAGE
0.0072 JOD

2017 CVE to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0077. Conversely, the yearly low was recorded on January 4, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0010 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0076, the exchange rate registered a net change of 11.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0077 was up 4.00% compared to the 2016 peak of 0.0074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39 JOD
2016 Average 36 JOD
Yearly Trough Low 34 JOD
Transaction Impact: A difference of 4.97 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0077
0.0067
JanuMarcMayJulySeptNove

CVE 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 0.0069, compared to 0.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0069
H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0003 JOD (High: 0.0076 / Low: 0.0073). On the other end, February was the most stable month, with a tight range of 0.0002 JOD (High: 0.0069 / Low: 0.0068).

July Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0076) against the same month in 2016 (average: 0.0072), the exchange rate shifted by +0.0004 (+5.97%).

2017 Avg (September) 0.0076
2016 Avg (September) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0069 0.0067 0.0068
February 0.0069 0.0068 0.0068
March 0.0070 0.0067 0.0069
April 0.0070 0.0068 0.0069
May 0.0072 0.0070 0.0071
June 0.0073 0.0071 0.0072
July 0.0076 0.0073 0.0074
August 0.0077 0.0075 0.0076
September 0.0077 0.0075 0.0076
October 0.0076 0.0074 0.0075
November 0.0077 0.0074 0.0075
December 0.0077 0.0075 0.0076