YEARLY HIGH
2.8411 BBD
YEARLY LOW
2.8068 BBD
YEARLY AVERAGE
2.8201 BBD

2017 JOD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.8411. Conversely, the yearly low was recorded on January 22, dropping to 2.8068.

This high-to-low spread represents a total annual volatility of 0.0343 BBD. From a start-to-finish perspective, comparing the January average rate of 2.8234 to the December average rate of 2.8199, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.8411 was up 0.00% compared to the 2016 peak of 2.8411, 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 14,206 BBD
2016 Average 14,116 BBD
Yearly Trough Low 14,034 BBD
Transaction Impact: A difference of 171.51 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.8240
2.8162
JanuMarcMayJulySeptNove

JOD to BBD 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 2.8199, compared to 2.8204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 2.8199
H2 Avg (Jul–Dec) 2.8204

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0343 BBD (High: 2.8411 / Low: 2.8068). On the other end, August was the most stable month, with a tight range of 0.0020 BBD (High: 2.8229 / Low: 2.8209).

January Spread (Volatile) ±0.0343
August Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.8234) against the same month in 2016 (average: 2.8202), the exchange rate shifted by +0.0032 (+0.11%).

2017 Avg (January) 2.8234
2016 Avg (January) 2.8202

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8411 2.8068 2.8234
February 2.8352 2.8097 2.8219
March 2.8245 2.8173 2.8206
April 2.8215 2.8173 2.8192
May 2.8205 2.8133 2.8177
June 2.8221 2.8137 2.8168
July 2.8229 2.8145 2.8181
August 2.8229 2.8209 2.8215
September 2.8237 2.8201 2.8215
October 2.8225 2.8177 2.8205
November 2.8221 2.8189 2.8207
December 2.8209 2.8149 2.8199