YEARLY HIGH
96.4368 INR
YEARLY LOW
89.8215 INR
YEARLY AVERAGE
91.8110 INR

2017 JOD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 96.4368. Conversely, the yearly low was recorded on August 6, dropping to 89.8215.

This high-to-low spread represents a total annual volatility of 6.6153 INR. From a start-to-finish perspective, comparing the January average rate of 96.0875 to the December average rate of 90.5411, the exchange rate registered a net change of -5.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 96.4368 was down 0.59% compared to the 2016 peak of 97.0059, 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 482,184 INR
2016 Average 474,059 INR
Yearly Trough Low 449,107 INR
Transaction Impact: A difference of 33,076.71 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

96.6708
89.6714
JanuMarcMayJulySeptNove

JOD to INR 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 92.6691, compared to 90.9528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7163 points.

H1 Avg (Jan–Jun) 92.6691
H2 Avg (Jul–Dec) 90.9528

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 3.0884 INR (High: 94.3778 / Low: 91.2894). On the other end, June was the most stable month, with a tight range of 0.7949 INR (High: 91.1827 / Low: 90.3878).

March Spread (Volatile) ±3.0884
June Spread (Stable) ±0.7949

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 1.9289 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 96.0875) against the same month in 2016 (average: 94.8706), the exchange rate shifted by +1.2169 (+1.28%).

2017 Avg (January) 96.0875
2016 Avg (January) 94.8706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 96.4368 95.3287 96.0875
February 95.1385 94.0510 94.5018
March 94.3778 91.2894 92.9047
April 91.7923 90.2886 90.9757
May 91.4528 90.2124 90.7661
June 91.1827 90.3878 90.7788
July 91.3412 90.3538 90.7988
August 90.6451 89.8215 90.2547
September 92.4327 90.0322 90.8895
October 92.4987 91.1039 91.7526
November 92.3014 90.8670 91.4803
December 91.0577 89.8656 90.5411