YEARLY HIGH
4.7941 PEN
YEARLY LOW
4.5344 PEN
YEARLY AVERAGE
4.5974 PEN

2017 JOD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 4.7941. Conversely, the yearly low was recorded on August 27, dropping to 4.5344.

This high-to-low spread represents a total annual volatility of 0.2597 PEN. From a start-to-finish perspective, comparing the January average rate of 4.7119 to the December average rate of 4.5749, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 4.7941 was down 3.82% compared to the 2016 peak of 4.9846, 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 23,971 PEN
2016 Average 23,811 PEN
Yearly Trough Low 22,672 PEN
Transaction Impact: A difference of 1,298.60 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

4.7258
4.5585
JanuMarcMayJulySeptNove

JOD to PEN 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 4.6171, compared to 4.5776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0394 points.

H1 Avg (Jan–Jun) 4.6171
H2 Avg (Jul–Dec) 4.5776

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.2506 PEN (High: 4.7939 / Low: 4.5433). On the other end, April was the most stable month, with a tight range of 0.0361 PEN (High: 4.5993 / Low: 4.5632).

November Spread (Volatile) ±0.2506
April Spread (Stable) ±0.0361

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.1133 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 4.7119) against the same month in 2016 (average: 4.8446), the exchange rate shifted by -0.1327 (-2.74%).

2017 Avg (January) 4.7119
2016 Avg (January) 4.8446

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7941 4.6252 4.7119
February 4.6452 4.5730 4.5986
March 4.6474 4.5687 4.6018
April 4.5993 4.5632 4.5813
May 4.6383 4.5709 4.6101
June 4.6435 4.5720 4.5989
July 4.5923 4.5548 4.5755
August 4.6066 4.5344 4.5724
September 4.6171 4.5542 4.5793
October 4.6326 4.5614 4.5859
November 4.7939 4.5433 4.5779
December 4.6445 4.5567 4.5749