YEARLY HIGH
2.0727 NZD
YEARLY LOW
1.8741 NZD
YEARLY AVERAGE
1.9845 NZD

2017 JOD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 2.0727. Conversely, the yearly low was recorded on July 30, dropping to 1.8741.

This high-to-low spread represents a total annual volatility of 0.1986 NZD. From a start-to-finish perspective, comparing the January average rate of 1.9823 to the December average rate of 2.0239, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0727 was down 6.02% compared to the 2016 peak of 2.2054, 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 10,364 NZD
2016 Average 10,135 NZD
Yearly Trough Low 9,371 NZD
Transaction Impact: A difference of 992.89 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0617
1.8988
JanuMarcMayJulySeptNove

JOD to NZD 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 1.9917, compared to 1.9772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 1.9917
H2 Avg (Jul–Dec) 1.9772

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.1068 NZD (High: 2.0620 / Low: 1.9552). On the other end, February was the most stable month, with a tight range of 0.0397 NZD (High: 1.9687 / Low: 1.9290).

October Spread (Volatile) ±0.1068
February Spread (Stable) ±0.0397

Growth Streaks & Declines

Trends

Between July and November, 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 May and June, when the average rate fell by 0.0791 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0791

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 2.0482) against the same month in 2016 (average: 1.9768), the exchange rate shifted by +0.0713 (+3.61%).

2017 Avg (November) 2.0482
2016 Avg (November) 1.9768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0396 1.9335 1.9823
February 1.9687 1.9290 1.9550
March 2.0433 1.9832 2.0139
April 2.0526 2.0007 2.0213
May 2.0629 1.9879 2.0285
June 1.9954 1.9231 1.9495
July 1.9534 1.8741 1.9124
August 1.9655 1.8948 1.9308
September 1.9716 1.9233 1.9460
October 2.0620 1.9552 2.0021
November 2.0727 2.0275 2.0482
December 2.0662 1.9818 2.0239