YEARLY HIGH
50206.7750 IRR
YEARLY LOW
42441.4229 IRR
YEARLY AVERAGE
46598.3749 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 251,033,875 IRR
2016 Average 212,735,286 IRR
Yearly Trough Low 212,207,115 IRR
Transaction Impact: A difference of 38,826,760.27 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

50196.2957
44260.7385
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 45566.6842
H2 Avg (Jul–Dec) 47630.0655

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±3275.3530
April Spread (Stable) ±93.4760

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 6 Mo.
Sharpest MoM Drop -10.2145

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (December) 49701.6659
2016 Avg (December) 42458.3735

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