YEARLY HIGH
2.7547 AZN
YEARLY LOW
2.3461 AZN
YEARLY AVERAGE
2.4266 AZN

2017 JOD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.7547. Conversely, the yearly low was recorded on April 15, dropping to 2.3461.

This high-to-low spread represents a total annual volatility of 0.4086 AZN. From a start-to-finish perspective, comparing the January average rate of 2.6168 to the December average rate of 2.3929, the exchange rate registered a net change of -8.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.7547 was up 8.26% compared to the 2016 peak of 2.5444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,773 AZN
2016 Average 11,321 AZN
Yearly Trough Low 11,730 AZN
Transaction Impact: A difference of 2,043.21 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6411
2.3498
JanuMarcMayJulySeptNove

JOD to AZN 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 2.4632, compared to 2.3900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0732 points.

H1 Avg (Jan–Jun) 2.4632
H2 Avg (Jul–Dec) 2.3900

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.2635 AZN (High: 2.7547 / Low: 2.4912). On the other end, November was the most stable month, with a tight range of 0.0038 AZN (High: 2.3977 / Low: 2.3939).

February Spread (Volatile) ±0.2635
November Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.1286 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 2.5775) against the same month in 2016 (average: 2.2315), the exchange rate shifted by +0.3459 (+15.50%).

2017 Avg (February) 2.5775
2016 Avg (February) 2.2315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7508 2.5430 2.6168
February 2.7547 2.4912 2.5775
March 2.5159 2.4031 2.4488
April 2.4190 2.3461 2.3763
May 2.3957 2.3597 2.3740
June 2.4003 2.3728 2.3857
July 2.3994 2.3728 2.3783
August 2.3994 2.3773 2.3891
September 2.3998 2.3769 2.3935
October 2.3977 2.3769 2.3902
November 2.3977 2.3939 2.3958
December 2.3977 2.3829 2.3929