YEARLY HIGH
14.3860 MAD
YEARLY LOW
13.1234 MAD
YEARLY AVERAGE
13.6871 MAD

2017 JOD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 14.3860. Conversely, the yearly low was recorded on September 7, dropping to 13.1234.

This high-to-low spread represents a total annual volatility of 1.2626 MAD. From a start-to-finish perspective, comparing the January average rate of 14.2018 to the December average rate of 13.2847, the exchange rate registered a net change of -6.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.3860 was down 0.22% compared to the 2016 peak of 14.4179, 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 71,930 MAD
2016 Average 69,183 MAD
Yearly Trough Low 65,617 MAD
Transaction Impact: A difference of 6,313.16 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

14.3006
13.1152
JanuMarcMayJulySeptNove

JOD to MAD 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 14.0452, compared to 13.3289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7162 points.

H1 Avg (Jan–Jun) 14.0452
H2 Avg (Jul–Dec) 13.3289

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.3137 MAD (High: 13.6364 / Low: 13.3227). On the other end, October was the most stable month, with a tight range of 0.1857 MAD (High: 13.4289 / Low: 13.2432).

July Spread (Volatile) ±0.3137
October Spread (Stable) ±0.1857

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 April and May, when the average rate fell by 0.2838 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2838

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 14.2018) against the same month in 2016 (average: 13.9681), the exchange rate shifted by +0.2336 (+1.67%).

2017 Avg (January) 14.2018
2016 Avg (January) 13.9681

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.3860 14.0891 14.2018
February 14.2736 14.0567 14.2005
March 14.3152 14.0139 14.1523
April 14.2414 13.9618 14.1355
May 14.0094 13.7154 13.8517
June 13.8196 13.5582 13.7293
July 13.6364 13.3227 13.5011
August 13.3955 13.1659 13.3174
September 13.3782 13.1234 13.2140
October 13.4289 13.2432 13.3240
November 13.4432 13.1741 13.3324
December 13.3717 13.1497 13.2847