YEARLY HIGH
0.5349 BHD
YEARLY LOW
0.5292 BHD
YEARLY AVERAGE
0.5317 BHD

2017 JOD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.5349. Conversely, the yearly low was recorded on April 17, dropping to 0.5292.

This high-to-low spread represents a total annual volatility of 0.0057 BHD. From a start-to-finish perspective, comparing the January average rate of 0.5321 to the December average rate of 0.5316, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5349 was up 0.26% compared to the 2016 peak of 0.5335, 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 2,675 BHD
2016 Average 2,661 BHD
Yearly Trough Low 2,646 BHD
Transaction Impact: A difference of 28.65 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5324
0.5310
JanuMarcMayJulySeptNove

JOD to BHD 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 0.5316, compared to 0.5319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.5316
H2 Avg (Jul–Dec) 0.5319

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0035 BHD (High: 0.5349 / Low: 0.5315). On the other end, August was the most stable month, with a tight range of 0.0007 BHD (High: 0.5324 / Low: 0.5317).

October Spread (Volatile) ±0.0035
August Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and August, 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 November and December, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 0.5321) against the same month in 2016 (average: 0.5322), the exchange rate shifted by -0.0002 (-0.04%).

2017 Avg (October) 0.5321
2016 Avg (October) 0.5322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5325 0.5317 0.5321
February 0.5325 0.5314 0.5320
March 0.5324 0.5303 0.5317
April 0.5320 0.5292 0.5313
May 0.5319 0.5295 0.5311
June 0.5323 0.5295 0.5312
July 0.5323 0.5307 0.5315
August 0.5324 0.5317 0.5320
September 0.5325 0.5315 0.5320
October 0.5349 0.5315 0.5321
November 0.5329 0.5318 0.5323
December 0.5322 0.5304 0.5316