YEARLY HIGH
0.4323 KWD
YEARLY LOW
0.4240 KWD
YEARLY AVERAGE
0.4278 KWD

2017 JOD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4323. Conversely, the yearly low was recorded on September 10, dropping to 0.4240.

This high-to-low spread represents a total annual volatility of 0.0083 KWD. From a start-to-finish perspective, comparing the January average rate of 0.4311 to the December average rate of 0.4257, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4323 was down 0.05% compared to the 2016 peak of 0.4325, 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 2,161 KWD
2016 Average 2,133 KWD
Yearly Trough Low 2,120 KWD
Transaction Impact: A difference of 41.39 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4317
0.4246
JanuMarcMayJulySeptNove

JOD to KWD 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 0.4295, compared to 0.4260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.4295
H2 Avg (Jul–Dec) 0.4260

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0034 KWD (High: 0.4309 / Low: 0.4276). On the other end, June was the most stable month, with a tight range of 0.0015 KWD (High: 0.4280 / Low: 0.4266).

April Spread (Volatile) ±0.0034
June Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between September and November, 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 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.4311) against the same month in 2016 (average: 0.4287), the exchange rate shifted by +0.0024 (+0.56%).

2017 Avg (January) 0.4311
2016 Avg (January) 0.4287

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4323 0.4300 0.4311
February 0.4314 0.4299 0.4307
March 0.4316 0.4291 0.4304
April 0.4309 0.4276 0.4293
May 0.4295 0.4271 0.4283
June 0.4280 0.4266 0.4274
July 0.4279 0.4256 0.4267
August 0.4264 0.4248 0.4259
September 0.4262 0.4240 0.4252
October 0.4272 0.4253 0.4262
November 0.4270 0.4254 0.4262
December 0.4262 0.4241 0.4257