2017 JOD to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JOD to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JOD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2331.7861. Conversely, the yearly low was recorded on January 5, dropping to 1623.1941.
This high-to-low spread represents a total annual volatility of 708.5919 CDF. From a start-to-finish perspective, comparing the January average rate of 1713.4429 to the December average rate of 2224.7200, the exchange rate registered a net change of 29.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 2331.7861 was up 38.19% compared to the 2016 peak of 1687.3788, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
JOD to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1894.3405, compared to 2214.9066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 320.5661 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 194.7451 CDF (High: 2290.9476 / Low: 2096.2024). On the other end, October was the most stable month, with a tight range of 16.9523 CDF (High: 2221.2956 / Low: 2204.3432).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 45.9122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 2246.6713) against the same month in 2016 (average: 1378.6437), the exchange rate shifted by +868.0275 (+62.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1786.6215 | 1623.1941 | 1713.4429 |
| February | 1850.3881 | 1753.9414 | 1796.2449 |
| March | 1905.2641 | 1843.8926 | 1875.5771 |
| April | 1982.3917 | 1903.9168 | 1941.0104 |
| May | 2013.6091 | 1972.1090 | 1992.3043 |
| June | 2102.6188 | 2013.3253 | 2047.4635 |
| July | 2290.9476 | 2096.2024 | 2190.8437 |
| August | 2331.7861 | 2170.4141 | 2246.6713 |
| September | 2209.9915 | 2186.8527 | 2200.7591 |
| October | 2221.2956 | 2204.3432 | 2210.4449 |
| November | 2233.9581 | 2204.3432 | 2216.0008 |
| December | 2251.0547 | 2201.2261 | 2224.7200 |