YEARLY HIGH
0.9630 JOD
YEARLY LOW
0.8530 JOD
YEARLY AVERAGE
0.9139 JOD

2017 FKP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FKP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.9630. Conversely, the yearly low was recorded on January 16, dropping to 0.8530.

This high-to-low spread represents a total annual volatility of 0.1099 JOD. From a start-to-finish perspective, comparing the January average rate of 0.8749 to the December average rate of 0.9508, the exchange rate registered a net change of 8.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9630 was down 9.02% compared to the 2016 peak of 1.0585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,815 JOD
2016 Average 4,801 JOD
Yearly Trough Low 4,265 JOD
Transaction Impact: A difference of 549.67 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9584
0.8673
JanuMarcMayJulySeptNove

FKP 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 0.8928, compared to 0.9350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0422 points.

H1 Avg (Jan–Jun) 0.8928
H2 Avg (Jul–Dec) 0.9350

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.0467 JOD (High: 0.9630 / Low: 0.9162). On the other end, May was the most stable month, with a tight range of 0.0151 JOD (High: 0.9245 / Low: 0.9094).

September Spread (Volatile) ±0.0467
May Spread (Stable) ±0.0151

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0090 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.9440) against the same month in 2016 (average: 0.9315), the exchange rate shifted by +0.0125 (+1.34%).

2017 Avg (September) 0.9440
2016 Avg (September) 0.9315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8952 0.8530 0.8749
February 0.8970 0.8770 0.8842
March 0.8909 0.8621 0.8751
April 0.9190 0.8773 0.8968
May 0.9245 0.9094 0.9171
June 0.9244 0.8968 0.9087
July 0.9351 0.9116 0.9233
August 0.9372 0.9075 0.9184
September 0.9630 0.9162 0.9440
October 0.9493 0.9268 0.9360
November 0.9593 0.9255 0.9375
December 0.9603 0.9441 0.9508