YEARLY HIGH
22.0186 MVR
YEARLY LOW
19.9435 MVR
YEARLY AVERAGE
21.7625 MVR

2017 JOD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 22.0186. Conversely, the yearly low was recorded on August 19, dropping to 19.9435.

This high-to-low spread represents a total annual volatility of 2.0751 MVR. From a start-to-finish perspective, comparing the January average rate of 21.6923 to the December average rate of 21.7197, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 22.0186 was up 1.24% compared to the 2016 peak of 21.7479, 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 110,093 MVR
2016 Average 107,727 MVR
Yearly Trough Low 99,718 MVR
Transaction Impact: A difference of 10,375.27 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

21.9460
21.6100
JanuMarcMayJulySeptNove

JOD to MVR 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 21.8076, compared to 21.7174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0902 points.

H1 Avg (Jan–Jun) 21.8076
H2 Avg (Jul–Dec) 21.7174

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 1.9112 MVR (High: 21.8547 / Low: 19.9435). On the other end, October was the most stable month, with a tight range of 0.0370 MVR (High: 21.7469 / Low: 21.7099).

August Spread (Volatile) ±1.9112
October Spread (Stable) ±0.0370

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.1769 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1769

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 21.8579) against the same month in 2016 (average: 21.5416), the exchange rate shifted by +0.3164 (+1.47%).

2017 Avg (March) 21.8579
2016 Avg (March) 21.5416

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.7926 21.5291 21.6923
February 21.9690 21.6653 21.8160
March 22.0186 21.7407 21.8579
April 21.8911 21.6596 21.7631
May 21.9861 21.6314 21.7984
June 21.9986 21.7881 21.9180
July 21.8852 21.7454 21.8149
August 21.8547 19.9435 21.6380
September 21.8131 21.7147 21.7459
October 21.7469 21.7099 21.7252
November 21.7346 21.5791 21.6609
December 21.7346 21.6748 21.7197