YEARLY HIGH
11.0431 HKD
YEARLY LOW
10.9401 HKD
YEARLY AVERAGE
10.9878 HKD

2017 JOD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 11.0431. Conversely, the yearly low was recorded on January 15, dropping to 10.9401.

This high-to-low spread represents a total annual volatility of 0.1030 HKD. From a start-to-finish perspective, comparing the January average rate of 10.9476 to the December average rate of 11.0153, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.0431 was up 0.00% compared to the 2016 peak of 11.0428, 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 55,215 HKD
2016 Average 54,778 HKD
Yearly Trough Low 54,701 HKD
Transaction Impact: A difference of 514.81 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.0421
10.9390
JanuMarcMayJulySeptNove

JOD to HKD 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 10.9604, compared to 11.0153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0549 points.

H1 Avg (Jan–Jun) 10.9604
H2 Avg (Jul–Dec) 11.0153

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0410 HKD (High: 11.0136 / Low: 10.9726). On the other end, January was the most stable month, with a tight range of 0.0144 HKD (High: 10.9545 / Low: 10.9401).

June Spread (Volatile) ±0.0410
January Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0169 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 11.0335) against the same month in 2016 (average: 10.9473), the exchange rate shifted by +0.0862 (+0.79%).

2017 Avg (August) 11.0335
2016 Avg (August) 10.9473

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9545 10.9401 10.9476
February 10.9594 10.9435 10.9510
March 10.9682 10.9407 10.9519
April 10.9714 10.9450 10.9578
May 10.9848 10.9489 10.9711
June 11.0136 10.9726 10.9828
July 11.0241 10.9856 11.0031
August 11.0431 11.0269 11.0335
September 11.0379 11.0022 11.0241
October 11.0225 10.9983 11.0072
November 11.0181 10.9974 11.0084
December 11.0326 10.9966 11.0153