YEARLY HIGH
67.1192 GMD
YEARLY LOW
60.2682 GMD
YEARLY AVERAGE
64.5934 GMD

2017 JOD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 67.1192. Conversely, the yearly low was recorded on January 2, dropping to 60.2682.

This high-to-low spread represents a total annual volatility of 6.8511 GMD. From a start-to-finish perspective, comparing the January average rate of 61.4559 to the December average rate of 67.0085, the exchange rate registered a net change of 9.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 67.1192 was up 9.98% compared to the 2016 peak of 61.0288, 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 335,596 GMD
2016 Average 296,330 GMD
Yearly Trough Low 301,341 GMD
Transaction Impact: A difference of 34,255.37 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

67.5638
60.9006
JanuMarcMayJulySeptNove

JOD to GMD 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 63.3854, compared to 65.8014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4160 points.

H1 Avg (Jan–Jun) 63.3854
H2 Avg (Jul–Dec) 65.8014

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 2.1312 GMD (High: 67.0239 / Low: 64.8927). On the other end, July was the most stable month, with a tight range of 0.2349 GMD (High: 65.0063 / Low: 64.7714).

October Spread (Volatile) ±2.1312
July Spread (Stable) ±0.2349

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1903 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 67.0085) against the same month in 2016 (average: 60.4397), the exchange rate shifted by +6.5688 (+10.87%).

2017 Avg (December) 67.0085
2016 Avg (December) 60.4397

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62.2865 60.2682 61.4559
February 63.0910 61.6373 62.3313
March 63.7410 62.7818 63.0874
April 63.9885 63.4247 63.7339
May 65.2006 64.1204 64.9470
June 65.1421 64.5392 64.7567
July 65.0063 64.7714 64.8512
August 65.2788 63.8221 64.7690
September 65.0731 64.7403 64.9583
October 67.0239 64.8927 66.3836
November 67.1132 66.6431 66.8377
December 67.1192 66.8073 67.0085