YEARLY HIGH
0.2982 JOD
YEARLY LOW
0.2573 JOD
YEARLY AVERAGE
0.2842 JOD

2017 GEL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.2982. Conversely, the yearly low was recorded on January 8, dropping to 0.2573.

This high-to-low spread represents a total annual volatility of 0.0409 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2627 to the December average rate of 0.2704, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2982 was down 10.60% compared to the 2016 peak of 0.3335, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,491 JOD
2016 Average 1,503 JOD
Yearly Trough Low 1,287 JOD
Transaction Impact: A difference of 204.32 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2994
0.2594
JanuMarcMayJulySeptNove

GEL 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 0.2834, compared to 0.2849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.2834
H2 Avg (Jul–Dec) 0.2849

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0246 JOD (High: 0.2856 / Low: 0.2609). On the other end, July was the most stable month, with a tight range of 0.0022 JOD (High: 0.2970 / Low: 0.2948).

November Spread (Volatile) ±0.0246
July Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0100 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.2941) against the same month in 2016 (average: 0.3141), the exchange rate shifted by -0.0200 (-6.38%).

2017 Avg (April) 0.2941
2016 Avg (April) 0.3141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2674 0.2573 0.2627
February 0.2772 0.2627 0.2691
March 0.2918 0.2843 0.2876
April 0.2982 0.2871 0.2941
May 0.2952 0.2908 0.2927
June 0.2956 0.2926 0.2945
July 0.2970 0.2948 0.2960
August 0.2971 0.2918 0.2957
September 0.2910 0.2856 0.2875
October 0.2870 0.2786 0.2850
November 0.2856 0.2609 0.2750
December 0.2803 0.2618 0.2704