YEARLY HIGH
2.0489 BND
YEARLY LOW
1.8772 BND
YEARLY AVERAGE
1.9469 BND

2017 JOD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.0489. Conversely, the yearly low was recorded on December 31, dropping to 1.8772.

This high-to-low spread represents a total annual volatility of 0.1717 BND. From a start-to-finish perspective, comparing the January average rate of 2.0174 to the December average rate of 1.8980, the exchange rate registered a net change of -5.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0489 was down 0.10% compared to the 2016 peak of 2.0510, 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 10,245 BND
2016 Average 9,743 BND
Yearly Trough Low 9,386 BND
Transaction Impact: A difference of 858.33 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0293
1.8860
JanuMarcMayJulySeptNove

JOD to BND 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 1.9799, compared to 1.9138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0661 points.

H1 Avg (Jan–Jun) 1.9799
H2 Avg (Jul–Dec) 1.9138

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0598 BND (High: 2.0489 / Low: 1.9891). On the other end, June was the most stable month, with a tight range of 0.0187 BND (High: 1.9594 / Low: 1.9407).

January Spread (Volatile) ±0.0598
June Spread (Stable) ±0.0187

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0220 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.0174) against the same month in 2016 (average: 2.0184), the exchange rate shifted by -0.0010 (-0.05%).

2017 Avg (January) 2.0174
2016 Avg (January) 2.0184

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0489 1.9891 2.0174
February 2.0100 1.9742 1.9953
March 2.0025 1.9635 1.9818
April 1.9845 1.9629 1.9721
May 1.9886 1.9495 1.9645
June 1.9594 1.9407 1.9484
July 1.9532 1.9097 1.9317
August 1.9301 1.9004 1.9194
September 1.9213 1.8886 1.9036
October 1.9337 1.9028 1.9188
November 1.9265 1.8878 1.9116
December 1.9094 1.8772 1.8980