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