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