YEARLY HIGH
0.1148 JOD
YEARLY LOW
0.0976 JOD
YEARLY AVERAGE
0.1074 JOD

2017 HRK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HRK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.1148. Conversely, the yearly low was recorded on January 3, dropping to 0.0976.

This high-to-low spread represents a total annual volatility of 0.0173 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1000 to the December average rate of 0.1115, the exchange rate registered a net change of 11.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1148 was up 5.74% compared to the 2016 peak of 0.1086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 574 JOD
2016 Average 521 JOD
Yearly Trough Low 488 JOD
Transaction Impact: A difference of 86.36 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1145
0.0987
JanuMarcMayJulySeptNove

HRK 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 0.1031, compared to 0.1116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.1031
H2 Avg (Jul–Dec) 0.1116

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0048 JOD (High: 0.1024 / Low: 0.0976). On the other end, August was the most stable month, with a tight range of 0.0022 JOD (High: 0.1145 / Low: 0.1123).

January Spread (Volatile) ±0.0048
August Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0022 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.1132) against the same month in 2016 (average: 0.1060), the exchange rate shifted by +0.0072 (+6.80%).

2017 Avg (September) 0.1132
2016 Avg (September) 0.1060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1024 0.0976 0.1000
February 0.1028 0.1003 0.1013
March 0.1036 0.1003 0.1022
April 0.1039 0.1008 0.1020
May 0.1076 0.1036 0.1057
June 0.1097 0.1065 0.1076
July 0.1130 0.1087 0.1105
August 0.1145 0.1123 0.1131
September 0.1148 0.1111 0.1132
October 0.1120 0.1096 0.1110
November 0.1119 0.1090 0.1103
December 0.1148 0.1104 0.1115