YEARLY HIGH
1034.1747 MWK
YEARLY LOW
1012.2901 MWK
YEARLY AVERAGE
1023.1228 MWK

2017 JOD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 1034.1747. Conversely, the yearly low was recorded on January 5, dropping to 1012.2901.

This high-to-low spread represents a total annual volatility of 21.8846 MWK. From a start-to-finish perspective, comparing the January average rate of 1023.2646 to the December average rate of 1023.0422, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1034.1747 was down 2.59% compared to the 2016 peak of 1061.6581, 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 5,170,874 MWK
2016 Average 5,011,951 MWK
Yearly Trough Low 5,061,451 MWK
Transaction Impact: A difference of 109,422.99 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1024.2453
1021.4532
JanuMarcMayJulySeptNove

JOD to MWK 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 1023.1457, compared to 1023.1000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0457 points.

H1 Avg (Jan–Jun) 1023.1457
H2 Avg (Jul–Dec) 1023.1000

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 21.5670 MWK (High: 1033.8571 / Low: 1012.2901). On the other end, September was the most stable month, with a tight range of 5.9890 MWK (High: 1028.0420 / Low: 1022.0530).

January Spread (Volatile) ±21.5670
September Spread (Stable) ±5.9890

Growth Streaks & Declines

Trends

Between July and September, 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 April and May, when the average rate fell by 1.5457 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 1022.5555) against the same month in 2016 (average: 987.6823), the exchange rate shifted by +34.8732 (+3.53%).

2017 Avg (March) 1022.5555
2016 Avg (March) 987.6823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1033.8571 1012.2901 1023.2646
February 1030.7356 1015.6150 1023.5536
March 1034.1747 1013.2844 1022.5555
April 1027.8145 1018.2345 1024.0127
May 1025.3039 1017.7330 1022.4669
June 1030.0069 1016.9380 1023.0208
July 1026.0591 1016.4567 1021.6859
August 1031.5333 1013.9450 1023.4104
September 1028.0420 1022.0530 1023.9499
October 1030.1058 1022.1082 1023.5821
November 1029.5696 1016.1067 1022.9293
December 1025.8645 1018.3897 1023.0422