2017 JOD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |