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