YEARLY HIGH
0.0073 JOD
YEARLY LOW
0.0061 JOD
YEARLY AVERAGE
0.0067 JOD

2017 ISK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.0073. Conversely, the yearly low was recorded on January 11, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0012 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0068, the exchange rate registered a net change of 9.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0073 was up 13.22% compared to the 2016 peak of 0.0064, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36 JOD
2016 Average 29 JOD
Yearly Trough Low 30 JOD
Transaction Impact: A difference of 6.03 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0071
0.0061
JanuMarcMayJulySeptNove

ISK 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 0.0066, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0066
H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0005 JOD (High: 0.0073 / Low: 0.0068). On the other end, October was the most stable month, with a tight range of 0.0001 JOD (High: 0.0068 / Low: 0.0067).

June Spread (Volatile) ±0.0005
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0070) against the same month in 2016 (average: 0.0057), the exchange rate shifted by +0.0013 (+22.57%).

2017 Avg (June) 0.0070
2016 Avg (June) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0063 0.0061 0.0062
February 0.0066 0.0062 0.0064
March 0.0067 0.0063 0.0065
April 0.0067 0.0062 0.0064
May 0.0072 0.0067 0.0069
June 0.0073 0.0068 0.0070
July 0.0070 0.0066 0.0068
August 0.0068 0.0065 0.0067
September 0.0068 0.0066 0.0067
October 0.0068 0.0067 0.0067
November 0.0069 0.0067 0.0068
December 0.0069 0.0067 0.0068