YEARLY HIGH
1943.5347 MMK
YEARLY LOW
1895.7827 MMK
YEARLY AVERAGE
1919.4868 MMK

2017 JOD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 1943.5347. Conversely, the yearly low was recorded on January 22, dropping to 1895.7827.

This high-to-low spread represents a total annual volatility of 47.7520 MMK. From a start-to-finish perspective, comparing the January average rate of 1915.2479 to the December average rate of 1915.1531, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1943.5347 was down 0.80% compared to the 2016 peak of 1959.3058, 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 9,717,674 MMK
2016 Average 8,719,521 MMK
Yearly Trough Low 9,478,913 MMK
Transaction Impact: A difference of 238,760.17 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1933.5164
1908.7565
JanuMarcMayJulySeptNove

JOD to MMK 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 1921.5567, compared to 1917.4169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1398 points.

H1 Avg (Jan–Jun) 1921.5567
H2 Avg (Jul–Dec) 1917.4169

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 39.1304 MMK (High: 1934.9131 / Low: 1895.7827). On the other end, April was the most stable month, with a tight range of 26.7495 MMK (High: 1930.6866 / Low: 1903.9371).

January Spread (Volatile) ±39.1304
April Spread (Stable) ±26.7495

Growth Streaks & Declines

Trends

Between August and October, 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 9.9024 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.9024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 1931.4530) against the same month in 2016 (average: 1759.2347), the exchange rate shifted by +172.2183 (+9.79%).

2017 Avg (February) 1931.4530
2016 Avg (February) 1759.2347

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1934.9131 1895.7827 1915.2479
February 1943.5347 1908.8498 1931.4530
March 1935.2520 1906.0636 1927.0236
April 1930.6866 1903.9371 1917.1212
May 1937.0743 1900.8363 1920.3733
June 1933.0639 1904.2836 1918.1211
July 1935.9109 1906.5945 1919.6429
August 1935.8646 1905.8846 1918.4315
September 1937.2707 1904.6295 1920.1186
October 1935.4150 1905.2852 1920.3354
November 1932.2400 1900.3499 1910.8198
December 1932.0284 1902.5650 1915.1531