YEARLY HIGH
2.6529 BAM
YEARLY LOW
2.2915 BAM
YEARLY AVERAGE
2.4467 BAM

2017 JOD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.6529. Conversely, the yearly low was recorded on September 10, dropping to 2.2915.

This high-to-low spread represents a total annual volatility of 0.3614 BAM. From a start-to-finish perspective, comparing the January average rate of 2.5975 to the December average rate of 2.3289, the exchange rate registered a net change of -10.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.6529 was down 0.21% compared to the 2016 peak of 2.6584, 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 13,265 BAM
2016 Average 12,479 BAM
Yearly Trough Low 11,458 BAM
Transaction Impact: A difference of 1,806.96 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6257
2.2873
JanuMarcMayJulySeptNove

JOD to BAM 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 2.5487, compared to 2.3447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2039 points.

H1 Avg (Jan–Jun) 2.5487
H2 Avg (Jul–Dec) 2.3447

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0899 BAM (High: 2.6276 / Low: 2.5376). On the other end, October was the most stable month, with a tight range of 0.0476 BAM (High: 2.3764 / Low: 2.3288).

March Spread (Volatile) ±0.0899
October Spread (Stable) ±0.0476

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0827 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0827

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.5975) against the same month in 2016 (average: 2.5379), the exchange rate shifted by +0.0596 (+2.35%).

2017 Avg (January) 2.5975
2016 Avg (January) 2.5379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6529 2.5637 2.5975
February 2.6143 2.5520 2.5921
March 2.6276 2.5376 2.5805
April 2.6063 2.5228 2.5750
May 2.5381 2.4514 2.4923
June 2.4754 2.4059 2.4545
July 2.4276 2.3453 2.3914
August 2.3529 2.3033 2.3359
September 2.3508 2.2915 2.3155
October 2.3764 2.3288 2.3465
November 2.3816 2.3119 2.3503
December 2.3500 2.2930 2.3289