YEARLY HIGH
6.3515 MYR
YEARLY LOW
5.7161 MYR
YEARLY AVERAGE
6.0635 MYR

2017 JOD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 6.3515. Conversely, the yearly low was recorded on December 31, dropping to 5.7161.

This high-to-low spread represents a total annual volatility of 0.6354 MYR. From a start-to-finish perspective, comparing the January average rate of 6.2933 to the December average rate of 5.7491, the exchange rate registered a net change of -8.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 6.3515 was up 0.26% compared to the 2016 peak of 6.3353, 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 31,758 MYR
2016 Average 29,240 MYR
Yearly Trough Low 28,581 MYR
Transaction Impact: A difference of 3,176.97 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6.3477
5.6947
JanuMarcMayJulySeptNove

JOD to MYR 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 6.1896, compared to 5.9375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2521 points.

H1 Avg (Jan–Jun) 6.1896
H2 Avg (Jul–Dec) 5.9375

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.2067 MYR (High: 5.9747 / Low: 5.7679). On the other end, July was the most stable month, with a tight range of 0.0350 MYR (High: 6.0622 / Low: 6.0272).

November Spread (Volatile) ±0.2067
July Spread (Stable) ±0.0350

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1308 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 6.2933) against the same month in 2016 (average: 6.1086), the exchange rate shifted by +0.1847 (+3.02%).

2017 Avg (January) 6.2933
2016 Avg (January) 6.1086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.3515 6.2482 6.2933
February 6.2922 6.2404 6.2693
March 6.2878 6.2193 6.2600
April 6.2574 6.1189 6.2079
May 6.1289 6.0085 6.0822
June 6.0566 5.9971 6.0248
July 6.0622 6.0272 6.0447
August 6.0614 6.0190 6.0432
September 6.0241 5.9091 5.9447
October 5.9824 5.9388 5.9634
November 5.9747 5.7679 5.8799
December 5.7658 5.7161 5.7491