YEARLY HIGH
1.3548 EUR
YEARLY LOW
1.1714 EUR
YEARLY AVERAGE
1.2506 EUR

2017 JOD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.3548. Conversely, the yearly low was recorded on September 8, dropping to 1.1714.

This high-to-low spread represents a total annual volatility of 0.1834 EUR. From a start-to-finish perspective, comparing the January average rate of 1.3275 to the December average rate of 1.1907, the exchange rate registered a net change of -10.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3548 was down 0.32% compared to the 2016 peak of 1.3591, 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 6,774 EUR
2016 Average 6,379 EUR
Yearly Trough Low 5,857 EUR
Transaction Impact: A difference of 917.09 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3419
1.1698
JanuMarcMayJulySeptNove

JOD to EUR 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 1.3026, compared to 1.1985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1042 points.

H1 Avg (Jan–Jun) 1.3026
H2 Avg (Jul–Dec) 1.1985

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0476 EUR (High: 1.3548 / Low: 1.3072). On the other end, August was the most stable month, with a tight range of 0.0256 EUR (High: 1.2039 / Low: 1.1783).

January Spread (Volatile) ±0.0476
August Spread (Stable) ±0.0256

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 0.0417 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.3275) against the same month in 2016 (average: 1.2977), the exchange rate shifted by +0.0298 (+2.30%).

2017 Avg (January) 1.3275
2016 Avg (January) 1.2977

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3548 1.3072 1.3275
February 1.3376 1.3085 1.3262
March 1.3433 1.2979 1.3186
April 1.3331 1.2898 1.3156
May 1.2974 1.2536 1.2738
June 1.2661 1.2301 1.2541
July 1.2413 1.1940 1.2216
August 1.2039 1.1783 1.1935
September 1.2004 1.1714 1.1841
October 1.2153 1.1888 1.2001
November 1.2164 1.1821 1.2010
December 1.2011 1.1724 1.1907