YEARLY HIGH
98.3580 KGS
YEARLY LOW
78.8605 KGS
YEARLY AVERAGE
96.9593 KGS

2017 JOD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 98.3580. Conversely, the yearly low was recorded on August 19, dropping to 78.8605.

This high-to-low spread represents a total annual volatility of 19.4975 KGS. From a start-to-finish perspective, comparing the January average rate of 97.8800 to the December average rate of 98.1597, the exchange rate registered a net change of 0.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 98.3580 was down 8.23% compared to the 2016 peak of 107.1841, 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 491,790 KGS
2016 Average 493,513 KGS
Yearly Trough Low 394,302 KGS
Transaction Impact: A difference of 97,487.34 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

98.4240
95.2522
JanuMarcMayJulySeptNove

JOD to KGS 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 96.8243, compared to 97.0942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2699 points.

H1 Avg (Jan–Jun) 96.8243
H2 Avg (Jul–Dec) 97.0942

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 19.0745 KGS (High: 97.9350 / Low: 78.8605). On the other end, September was the most stable month, with a tight range of 0.3643 KGS (High: 96.8760 / Low: 96.5117).

August Spread (Volatile) ±19.0745
September Spread (Stable) ±0.3643

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 1.5544 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5544

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 98.1597) against the same month in 2016 (average: 97.7697), the exchange rate shifted by +0.3900 (+0.40%).

2017 Avg (December) 98.1597
2016 Avg (December) 97.7697

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 98.0879 97.5861 97.8800
February 98.0340 97.4215 97.7269
March 97.7470 96.5989 97.4487
April 96.6984 94.6066 95.8943
May 95.8797 95.1060 95.5165
June 97.4994 95.9243 96.4795
July 98.1836 96.6110 97.4596
August 97.9350 78.8605 95.9801
September 96.8760 96.5117 96.6992
October 96.8752 96.3840 96.6085
November 98.3267 96.9469 97.6581
December 98.3580 97.5077 98.1597