YEARLY HIGH
1689.2017 IQD
YEARLY LOW
1622.9188 IQD
YEARLY AVERAGE
1654.0732 IQD

2017 JOD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1689.2017. Conversely, the yearly low was recorded on July 20, dropping to 1622.9188.

This high-to-low spread represents a total annual volatility of 66.2829 IQD. From a start-to-finish perspective, comparing the January average rate of 1666.4645 to the December average rate of 1678.2861, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1689.2017 was up 0.68% compared to the 2016 peak of 1677.8384, 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 8,446,009 IQD
2016 Average 8,041,870 IQD
Yearly Trough Low 8,114,594 IQD
Transaction Impact: A difference of 331,414.69 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1681.6733
1641.0267
JanuMarcMayJulySeptNove

JOD to IQD 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 1655.7832, compared to 1652.3632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4200 points.

H1 Avg (Jan–Jun) 1655.7832
H2 Avg (Jul–Dec) 1652.3632

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 42.5625 IQD (High: 1665.4812 / Low: 1622.9188). On the other end, October was the most stable month, with a tight range of 21.9929 IQD (High: 1661.9657 / Low: 1639.9728).

July Spread (Volatile) ±42.5625
October Spread (Stable) ±21.9929

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 10.5872 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.5872

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1678.2861) against the same month in 2016 (average: 1660.4119), the exchange rate shifted by +17.8743 (+1.08%).

2017 Avg (December) 1678.2861
2016 Avg (December) 1660.4119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1678.9001 1650.5293 1666.4645
February 1684.2381 1659.7842 1667.3175
March 1669.0191 1640.0009 1656.7303
April 1666.6620 1636.3426 1651.2422
May 1665.9549 1637.8482 1647.4068
June 1665.4812 1636.3757 1645.5379
July 1665.4812 1622.9188 1644.4139
August 1668.0749 1631.4504 1646.5299
September 1670.9004 1640.8791 1652.3967
October 1661.9657 1639.9728 1646.8060
November 1669.6803 1635.6112 1645.7465
December 1689.2017 1665.0082 1678.2861