YEARLY HIGH
156.0829 PKR
YEARLY LOW
146.2380 PKR
YEARLY AVERAGE
148.4716 PKR

2017 JOD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 156.0829. Conversely, the yearly low was recorded on March 15, dropping to 146.2380.

This high-to-low spread represents a total annual volatility of 9.8449 PKR. From a start-to-finish perspective, comparing the January average rate of 147.6918 to the December average rate of 153.2538, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 156.0829 was up 5.07% compared to the 2016 peak of 148.5502, 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 780,414 PKR
2016 Average 738,965 PKR
Yearly Trough Low 731,190 PKR
Transaction Impact: A difference of 49,224.29 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

153.8337
146.8752
JanuMarcMayJulySeptNove

JOD to PKR 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 147.6905, compared to 149.2527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5622 points.

H1 Avg (Jan–Jun) 147.6905
H2 Avg (Jul–Dec) 149.2527

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 7.5375 PKR (High: 156.0829 / Low: 148.5454). On the other end, April was the most stable month, with a tight range of 1.3682 PKR (High: 148.2750 / Low: 146.9068).

December Spread (Volatile) ±7.5375
April Spread (Stable) ±1.3682

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 153.2538) against the same month in 2016 (average: 147.9339), the exchange rate shifted by +5.3199 (+3.60%).

2017 Avg (December) 153.2538
2016 Avg (December) 147.9339

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 148.5109 146.3012 147.6918
February 148.7433 147.0841 147.9187
March 148.4214 146.2380 147.6807
April 148.2750 146.9068 147.8027
May 148.5083 146.9230 147.5937
June 148.7081 146.7395 147.4551
July 149.4098 146.7065 148.1137
August 149.8094 147.3291 148.3726
September 149.8815 148.1583 148.8073
October 149.4338 147.8618 148.5053
November 149.2538 147.5555 148.4636
December 156.0829 148.5454 153.2538