2017 JOD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JOD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JOD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 50206.7750. Conversely, the yearly low was recorded on January 6, dropping to 42441.4229.
This high-to-low spread represents a total annual volatility of 7765.3521 IRR. From a start-to-finish perspective, comparing the January average rate of 44755.3683 to the December average rate of 49701.6659, the exchange rate registered a net change of 11.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 50206.7750 was up 16.94% compared to the 2016 peak of 42935.2537, 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 IRR 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 45566.6842, compared to 47630.0655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2063.3812 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 3275.3530 IRR (High: 45716.7759 / Low: 42441.4229). On the other end, April was the most stable month, with a tight range of 93.4760 IRR (High: 45782.2878 / Low: 45688.8118).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 10.2145 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 49701.6659) against the same month in 2016 (average: 42458.3735), the exchange rate shifted by +7243.2924 (+17.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45716.7759 | 42441.4229 | 44755.3683 |
| February | 45776.8104 | 45664.5167 | 45726.2347 |
| March | 45802.7348 | 45686.7709 | 45734.9071 |
| April | 45782.2878 | 45688.8118 | 45736.5750 |
| May | 45768.8347 | 45652.2968 | 45726.3605 |
| June | 45800.4714 | 45680.4088 | 45720.6598 |
| July | 46163.0205 | 45750.3820 | 45945.6010 |
| August | 46823.7618 | 46162.2991 | 46347.3906 |
| September | 47251.6229 | 46810.4855 | 46997.9148 |
| October | 48760.7870 | 47245.3494 | 47855.2160 |
| November | 49057.7587 | 48757.9661 | 48932.6045 |
| December | 50206.7750 | 49023.0485 | 49701.6659 |