YEARLY HIGH
1.9384 CAD
YEARLY LOW
1.7078 CAD
YEARLY AVERAGE
1.8302 CAD

2017 JOD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 1.9384. Conversely, the yearly low was recorded on September 11, dropping to 1.7078.

This high-to-low spread represents a total annual volatility of 0.2306 CAD. From a start-to-finish perspective, comparing the January average rate of 1.8648 to the December average rate of 1.7988, the exchange rate registered a net change of -3.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9384 was down 5.73% compared to the 2016 peak of 2.0562, 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 9,692 CAD
2016 Average 9,352 CAD
Yearly Trough Low 8,539 CAD
Transaction Impact: A difference of 1,152.88 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9336
1.7164
JanuMarcMayJulySeptNove

JOD to CAD 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 1.8810, compared to 1.7794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1016 points.

H1 Avg (Jan–Jun) 1.8810
H2 Avg (Jul–Dec) 1.7794

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0788 CAD (High: 1.8303 / Low: 1.7515). On the other end, March was the most stable month, with a tight range of 0.0298 CAD (High: 1.9039 / Low: 1.8741).

July Spread (Volatile) ±0.0788
March Spread (Stable) ±0.0298

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 0.0853 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 1.9155) against the same month in 2016 (average: 1.8267), the exchange rate shifted by +0.0888 (+4.86%).

2017 Avg (May) 1.9155
2016 Avg (May) 1.8267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8986 1.8412 1.8648
February 1.8791 1.8371 1.8493
March 1.9039 1.8741 1.8875
April 1.9252 1.8664 1.8944
May 1.9384 1.8904 1.9155
June 1.9058 1.8276 1.8746
July 1.8303 1.7515 1.7893
August 1.7988 1.7596 1.7782
September 1.7608 1.7078 1.7345
October 1.8184 1.7562 1.7766
November 1.8185 1.7884 1.7993
December 1.8166 1.7698 1.7988