YEARLY HIGH
2.6521 BGN
YEARLY LOW
2.2893 BGN
YEARLY AVERAGE
2.4461 BGN

2017 JOD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.6521. Conversely, the yearly low was recorded on September 10, dropping to 2.2893.

This high-to-low spread represents a total annual volatility of 0.3627 BGN. From a start-to-finish perspective, comparing the January average rate of 2.5971 to the December average rate of 2.3283, the exchange rate registered a net change of -10.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.6521 was down 0.21% compared to the 2016 peak of 2.6577, 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 13,260 BGN
2016 Average 12,477 BGN
Yearly Trough Low 11,447 BGN
Transaction Impact: A difference of 1,813.64 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6253
2.2874
JanuMarcMayJulySeptNove

JOD to BGN 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 2.5483, compared to 2.3439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2043 points.

H1 Avg (Jan–Jun) 2.5483
H2 Avg (Jul–Dec) 2.3439

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0955 BGN (High: 2.4273 / Low: 2.3318). On the other end, October was the most stable month, with a tight range of 0.0507 BGN (High: 2.3764 / Low: 2.3257).

July Spread (Volatile) ±0.0955
October Spread (Stable) ±0.0507

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 0.0832 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0832

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.5971) against the same month in 2016 (average: 2.5383), the exchange rate shifted by +0.0588 (+2.32%).

2017 Avg (January) 2.5971
2016 Avg (January) 2.5383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6521 2.5585 2.5971
February 2.6153 2.5586 2.5936
March 2.6262 2.5382 2.5801
April 2.6055 2.5222 2.5746
May 2.5379 2.4526 2.4914
June 2.4761 2.4059 2.4527
July 2.4273 2.3318 2.3894
August 2.3535 2.3020 2.3342
September 2.3490 2.2893 2.3155
October 2.3764 2.3257 2.3473
November 2.3826 2.3122 2.3488
December 2.3514 2.2931 2.3283