YEARLY HIGH
28.5458 MDL
YEARLY LOW
24.0485 MDL
YEARLY AVERAGE
26.0241 MDL

2017 JOD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 28.5458. Conversely, the yearly low was recorded on December 18, dropping to 24.0485.

This high-to-low spread represents a total annual volatility of 4.4973 MDL. From a start-to-finish perspective, comparing the January average rate of 28.3142 to the December average rate of 24.2208, the exchange rate registered a net change of -14.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 28.5458 was down 1.87% compared to the 2016 peak of 29.0908, 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 142,729 MDL
2016 Average 140,333 MDL
Yearly Trough Low 120,242 MDL
Transaction Impact: A difference of 22,486.59 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

28.7236
23.8115
JanuMarcMayJulySeptNove

JOD to MDL 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 27.2027, compared to 24.8456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3571 points.

H1 Avg (Jan–Jun) 27.2027
H2 Avg (Jul–Dec) 24.8456

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 1.5689 MDL (High: 27.1350 / Low: 25.5660). On the other end, July was the most stable month, with a tight range of 0.2315 MDL (High: 25.6417 / Low: 25.4102).

May Spread (Volatile) ±1.5689
July Spread (Stable) ±0.2315

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.1044 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.1044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 28.3142) against the same month in 2016 (average: 28.6626), the exchange rate shifted by -0.3484 (-1.22%).

2017 Avg (January) 28.3142
2016 Avg (January) 28.6626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.5458 28.1282 28.3142
February 28.3144 28.0086 28.1419
March 28.2740 27.3439 27.7571
April 27.5021 27.0161 27.2330
May 27.1350 25.5660 26.1286
June 25.8042 25.4499 25.6413
July 25.6417 25.4102 25.5142
August 25.4586 25.0451 25.2048
September 25.2219 24.8021 24.9262
October 24.9351 24.3117 24.5579
November 24.9398 24.1657 24.6495
December 24.3578 24.0485 24.2208