YEARLY HIGH
0.0166 JOD
YEARLY LOW
0.0149 JOD
YEARLY AVERAGE
0.0155 JOD

2017 GMD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0166. Conversely, the yearly low was recorded on December 28, dropping to 0.0149.

This high-to-low spread represents a total annual volatility of 0.0017 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0163 to the December average rate of 0.0149, the exchange rate registered a net change of -8.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0166 was down 8.27% compared to the 2016 peak of 0.0181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83 JOD
2016 Average 84 JOD
Yearly Trough Low 74 JOD
Transaction Impact: A difference of 8.47 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0164
0.0148
JanuMarcMayJulySeptNove

GMD 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 0.0158, compared to 0.0152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0158
H2 Avg (Jul–Dec) 0.0152

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0005 JOD (High: 0.0166 / Low: 0.0161). On the other end, July was the most stable month, with a tight range of 0.0001 JOD (High: 0.0154 / Low: 0.0154).

January Spread (Volatile) ±0.0005
July Spread (Stable) ±0.0001

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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0163) against the same month in 2016 (average: 0.0180), the exchange rate shifted by -0.0017 (-9.36%).

2017 Avg (January) 0.0163
2016 Avg (January) 0.0180

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0166 0.0161 0.0163
February 0.0162 0.0159 0.0160
March 0.0159 0.0157 0.0159
April 0.0158 0.0156 0.0157
May 0.0156 0.0153 0.0154
June 0.0155 0.0154 0.0154
July 0.0154 0.0154 0.0154
August 0.0157 0.0153 0.0154
September 0.0154 0.0154 0.0154
October 0.0154 0.0149 0.0151
November 0.0150 0.0149 0.0150
December 0.0150 0.0149 0.0149