YEARLY HIGH
148.7800 CVE
YEARLY LOW
129.6175 CVE
YEARLY AVERAGE
138.3523 CVE

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 743,900 CVE
2016 Average 703,349 CVE
Yearly Trough Low 648,088 CVE
Transaction Impact: A difference of 95,812.65 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

148.2634
129.4376
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 144.1261
H2 Avg (Jul–Dec) 132.5784

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±5.5653
September Spread (Stable) ±2.9634

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.5746

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (January) 146.6771
2016 Avg (January) 143.0987

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