YEARLY HIGH
518.1221 MRO
YEARLY LOW
497.6316 MRO
YEARLY AVERAGE
507.4888 MRO

2017 JOD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 518.1221. Conversely, the yearly low was recorded on November 25, dropping to 497.6316.

This high-to-low spread represents a total annual volatility of 20.4905 MRO. From a start-to-finish perspective, comparing the January average rate of 506.1453 to the December average rate of 500.9849, the exchange rate registered a net change of -1.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 518.1221 was up 1.93% compared to the 2016 peak of 508.3001, 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 2,590,610 MRO
2016 Average 2,477,081 MRO
Yearly Trough Low 2,488,158 MRO
Transaction Impact: A difference of 102,452.37 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

516.9304
498.9914
JanuMarcMayJulySeptNove

JOD to MRO 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 506.9356, compared to 508.0420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1063 points.

H1 Avg (Jan–Jun) 506.9356
H2 Avg (Jul–Dec) 508.0420

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 18.7383 MRO (High: 518.1221 / Low: 499.3837). On the other end, December was the most stable month, with a tight range of 3.8718 MRO (High: 503.1502 / Low: 499.2784).

October Spread (Volatile) ±18.7383
December Spread (Stable) ±3.8718

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 8.7080 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -8.7080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 515.4354) against the same month in 2016 (average: 502.2469), the exchange rate shifted by +13.1886 (+2.63%).

2017 Avg (September) 515.4354
2016 Avg (September) 502.2469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 509.3955 503.1954 506.1453
February 509.6015 503.8681 506.6605
March 508.7283 501.7911 506.6365
April 509.7379 503.7835 507.6513
May 509.5731 504.3916 507.1144
June 510.8490 504.3979 507.4057
July 513.9108 505.8326 509.3431
August 517.4870 510.4552 512.8077
September 518.1221 513.6323 515.4354
October 518.1221 499.3837 509.1944
November 502.8188 497.6316 500.4863
December 503.1502 499.2784 500.9849