YEARLY HIGH
38.8575 ETB
YEARLY LOW
31.4482 ETB
YEARLY AVERAGE
33.7870 ETB

2017 JOD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 38.8575. Conversely, the yearly low was recorded on January 5, dropping to 31.4482.

This high-to-low spread represents a total annual volatility of 7.4093 ETB. From a start-to-finish perspective, comparing the January average rate of 31.8460 to the December average rate of 38.5734, the exchange rate registered a net change of 21.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 38.8575 was up 22.27% compared to the 2016 peak of 31.7812, 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 194,287 ETB
2016 Average 154,109 ETB
Yearly Trough Low 157,241 ETB
Transaction Impact: A difference of 37,046.26 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

39.2461
31.1733
JanuMarcMayJulySeptNove

JOD to ETB 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 32.1752, compared to 35.3988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2235 points.

H1 Avg (Jan–Jun) 32.1752
H2 Avg (Jul–Dec) 35.3988

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 5.4874 ETB (High: 38.5754 / Low: 33.0880). On the other end, May was the most stable month, with a tight range of 0.4547 ETB (High: 32.6639 / Low: 32.2092).

October Spread (Volatile) ±5.4874
May Spread (Stable) ±0.4547

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 38.5734) against the same month in 2016 (average: 31.6171), the exchange rate shifted by +6.9563 (+22.00%).

2017 Avg (December) 38.5734
2016 Avg (December) 31.6171

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.1101 31.4482 31.8460
February 32.2699 31.6420 31.9939
March 32.3475 31.7610 32.0587
April 32.4690 32.0107 32.2188
May 32.6639 32.2092 32.4063
June 32.8030 32.2808 32.5276
July 33.0205 32.2672 32.7340
August 33.2228 32.7031 32.9149
September 33.3969 32.8914 33.1648
October 38.5754 33.0880 36.4908
November 38.7449 38.1795 38.5147
December 38.8575 38.2165 38.5734