2017 JOD to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JOD to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JOD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 98.3095. Conversely, the yearly low was recorded on January 5, dropping to 93.2837.
This high-to-low spread represents a total annual volatility of 5.0258 AFN. From a start-to-finish perspective, comparing the January average rate of 94.1938 to the December average rate of 97.6107, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 98.3095 was up 0.21% compared to the 2016 peak of 98.1001, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
JOD to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 94.8816, compared to 96.7012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8196 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 1.7094 AFN (High: 95.5660 / Low: 93.8565). On the other end, September was the most stable month, with a tight range of 0.5900 AFN (High: 96.9229 / Low: 96.3329).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4093 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 97.6107) against the same month in 2016 (average: 93.8040), the exchange rate shifted by +3.8067 (+4.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 94.6669 | 93.2837 | 94.1938 |
| February | 94.5786 | 93.8437 | 94.2890 |
| March | 94.3599 | 93.5587 | 94.0617 |
| April | 95.5660 | 93.8565 | 95.0525 |
| May | 96.4315 | 94.7358 | 95.7885 |
| June | 96.3407 | 95.2627 | 95.9040 |
| July | 96.7701 | 95.5031 | 96.1671 |
| August | 97.1261 | 95.9856 | 96.5603 |
| September | 96.9229 | 96.3329 | 96.7284 |
| October | 96.8017 | 95.9159 | 96.3191 |
| November | 97.1065 | 96.3863 | 96.8216 |
| December | 98.3095 | 96.8869 | 97.6107 |