2017 JOD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JOD to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JOD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 148.7800. Conversely, the yearly low was recorded on September 10, dropping to 129.6175.
This high-to-low spread represents a total annual volatility of 19.1625 CVE. From a start-to-finish perspective, comparing the January average rate of 146.6771 to the December average rate of 131.7503, the exchange rate registered a net change of -10.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 148.7800 was down 1.18% compared to the 2016 peak of 150.5609, 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 CVE 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 144.1261, compared to 132.5784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.5476 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 5.5653 CVE (High: 137.5342 / Low: 131.9689). On the other end, September was the most stable month, with a tight range of 2.9634 CVE (High: 132.5809 / Low: 129.6175).
Growth Streaks & Declines
TrendsBetween 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 4.5746 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 146.6771) against the same month in 2016 (average: 143.0987), the exchange rate shifted by +3.5784 (+2.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 148.7800 | 144.5568 | 146.6771 |
| February | 147.8422 | 144.4985 | 146.6946 |
| March | 148.4474 | 143.4307 | 145.9572 |
| April | 147.3982 | 142.5646 | 145.6029 |
| May | 143.6217 | 138.8734 | 141.0283 |
| June | 139.9040 | 136.1864 | 138.7963 |
| July | 137.5342 | 131.9689 | 135.1313 |
| August | 132.8158 | 129.8306 | 132.0080 |
| September | 132.5809 | 129.6175 | 131.0064 |
| October | 134.6966 | 131.6641 | 132.5656 |
| November | 134.6260 | 130.7121 | 133.0089 |
| December | 132.7925 | 129.7652 | 131.7503 |