2017 JOD to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JOD to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JOD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 234.3041. Conversely, the yearly low was recorded on July 8, dropping to 233.0822.
This high-to-low spread represents a total annual volatility of 1.2219 AOA. From a start-to-finish perspective, comparing the January average rate of 234.1581 to the December average rate of 233.9442, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 234.3041 was down 0.01% compared to the 2016 peak of 234.3289, 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 AOA 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 233.9251, compared to 233.9726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0476 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 1.1006 AOA (High: 234.1828 / Low: 233.0822). On the other end, August was the most stable month, with a tight range of 0.1658 AOA (High: 234.1842 / Low: 234.0184).
Growth Streaks & Declines
TrendsBetween June and September, 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 February and March, when the average rate fell by 0.1468 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 233.9762) against the same month in 2016 (average: 224.7295), the exchange rate shifted by +9.2467 (+4.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 234.2928 | 233.9976 | 234.1581 |
| February | 234.2985 | 233.4687 | 234.1230 |
| March | 234.3041 | 233.7098 | 233.9762 |
| April | 234.0600 | 233.7098 | 233.8671 |
| May | 233.9787 | 233.3808 | 233.7481 |
| June | 234.1139 | 233.4196 | 233.6779 |
| July | 234.1828 | 233.0822 | 233.7529 |
| August | 234.1842 | 234.0184 | 234.0684 |
| September | 234.2531 | 233.9552 | 234.0721 |
| October | 234.1540 | 233.7555 | 233.9880 |
| November | 234.1223 | 233.8574 | 234.0102 |
| December | 234.0244 | 233.5260 | 233.9442 |