2017 JOD to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JOD to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JOD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 27.0153. Conversely, the yearly low was recorded on April 17, dropping to 21.3013.
This high-to-low spread represents a total annual volatility of 5.7140 ARS. From a start-to-finish perspective, comparing the January average rate of 22.4240 to the December average rate of 24.9977, 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 27.0153 was up 19.41% compared to the 2016 peak of 22.6244, 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 ARS 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 22.1178, compared to 24.5582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4404 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 2.7603 ARS (High: 27.0153 / Low: 24.2550). On the other end, January was the most stable month, with a tight range of 0.4307 ARS (High: 22.7052 / Low: 22.2745).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4491 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 24.9977) against the same month in 2016 (average: 22.3633), the exchange rate shifted by +2.6344 (+11.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.7052 | 22.2745 | 22.4240 |
| February | 22.2922 | 21.6853 | 21.9749 |
| March | 22.0541 | 21.5635 | 21.8861 |
| April | 21.8337 | 21.3013 | 21.6208 |
| May | 22.8057 | 21.5289 | 22.1285 |
| June | 23.4497 | 22.3449 | 22.6723 |
| July | 25.0886 | 23.2219 | 24.1895 |
| August | 25.0021 | 24.0056 | 24.5774 |
| September | 24.7967 | 23.9557 | 24.3121 |
| October | 24.9577 | 24.4288 | 24.6137 |
| November | 24.9040 | 24.4034 | 24.6589 |
| December | 27.0153 | 24.2550 | 24.9977 |