YEARLY HIGH
184.8589 JMD
YEARLY LOW
175.0775 JMD
YEARLY AVERAGE
180.9363 JMD

2017 JOD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 184.8589. Conversely, the yearly low was recorded on December 31, dropping to 175.0775.

This high-to-low spread represents a total annual volatility of 9.7814 JMD. From a start-to-finish perspective, comparing the January average rate of 181.8121 to the December average rate of 176.4147, the exchange rate registered a net change of -2.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 184.8589 was up 1.03% compared to the 2016 peak of 182.9793, 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 924,294 JMD
2016 Average 882,847 JMD
Yearly Trough Low 875,387 JMD
Transaction Impact: A difference of 48,907.00 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

183.8983
175.7344
JanuMarcMayJulySeptNove

JOD to JMD 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 182.0291, compared to 179.8434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1857 points.

H1 Avg (Jan–Jun) 182.0291
H2 Avg (Jul–Dec) 179.8434

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 6.1668 JMD (High: 184.8589 / Low: 178.6921). On the other end, January was the most stable month, with a tight range of 1.9352 JMD (High: 182.6142 / Low: 180.6790).

October Spread (Volatile) ±6.1668
January Spread (Stable) ±1.9352

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.5963 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.5963

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 180.6217) against the same month in 2016 (average: 181.0789), the exchange rate shifted by -0.4573 (-0.25%).

2017 Avg (October) 180.6217
2016 Avg (October) 181.0789

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 182.6142 180.6790 181.8121
February 182.6004 180.6127 181.6990
March 182.4971 179.5271 181.5122
April 183.0087 180.9935 181.9929
May 183.7937 181.1037 182.3448
June 184.0200 182.0042 182.8137
July 182.7522 178.0139 180.5562
August 181.6897 178.8936 180.1867
September 184.8180 180.1255 183.2179
October 184.8589 178.6921 180.6217
November 179.5809 176.4496 178.0631
December 177.5338 175.0775 176.4147