YEARLY HIGH
0.0450 JOD
YEARLY LOW
0.0373 JOD
YEARLY AVERAGE
0.0398 JOD

2017 EGP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.0450. Conversely, the yearly low was recorded on January 23, dropping to 0.0373.

This high-to-low spread represents a total annual volatility of 0.0078 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0380 to the December average rate of 0.0398, the exchange rate registered a net change of 4.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0450 was down 50.43% compared to the 2016 peak of 0.0909, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 225 JOD
2016 Average 379 JOD
Yearly Trough Low 186 JOD
Transaction Impact: A difference of 38.78 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0423
0.0377
JanuMarcMayJulySeptNove

EGP 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 0.0397, compared to 0.0400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0397
H2 Avg (Jul–Dec) 0.0400

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0074 JOD (High: 0.0450 / Low: 0.0376). On the other end, October was the most stable month, with a tight range of 0.0002 JOD (High: 0.0403 / Low: 0.0401).

February Spread (Volatile) ±0.0074
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and October, 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 February and March, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.0419) against the same month in 2016 (average: 0.0905), the exchange rate shifted by -0.0486 (-53.67%).

2017 Avg (February) 0.0419
2016 Avg (February) 0.0905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0394 0.0373 0.0380
February 0.0450 0.0376 0.0419
March 0.0439 0.0389 0.0403
April 0.0397 0.0390 0.0393
May 0.0394 0.0391 0.0392
June 0.0395 0.0391 0.0392
July 0.0398 0.0391 0.0396
August 0.0402 0.0397 0.0399
September 0.0403 0.0400 0.0402
October 0.0403 0.0401 0.0402
November 0.0402 0.0399 0.0401
December 0.0401 0.0396 0.0398