YEARLY HIGH
12.9210 SEK
YEARLY LOW
11.1725 SEK
YEARLY AVERAGE
12.0478 SEK

2017 JOD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 12.9210. Conversely, the yearly low was recorded on September 7, dropping to 11.1725.

This high-to-low spread represents a total annual volatility of 1.7486 SEK. From a start-to-finish perspective, comparing the January average rate of 12.6276 to the December average rate of 11.8162, the exchange rate registered a net change of -6.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 12.9210 was down 2.36% compared to the 2016 peak of 13.2333, 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 64,605 SEK
2016 Average 60,418 SEK
Yearly Trough Low 55,862 SEK
Transaction Impact: A difference of 8,742.80 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

12.7704
11.1552
JanuMarcMayJulySeptNove

JOD to SEK 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 12.5005, compared to 11.5952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9053 points.

H1 Avg (Jan–Jun) 12.5005
H2 Avg (Jul–Dec) 11.5952

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.5872 SEK (High: 11.9913 / Low: 11.4041). On the other end, November was the most stable month, with a tight range of 0.2876 SEK (High: 11.9619 / Low: 11.6744).

July Spread (Volatile) ±0.5872
November Spread (Stable) ±0.2876

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.5133 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 12.6276) against the same month in 2016 (average: 12.0420), the exchange rate shifted by +0.5856 (+4.86%).

2017 Avg (January) 12.6276
2016 Avg (January) 12.0420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.9210 12.3467 12.6276
February 12.8020 12.3405 12.5772
March 12.8217 12.3851 12.5734
April 12.8067 12.3439 12.6358
May 12.5775 12.2058 12.3638
June 12.3661 11.8900 12.2249
July 11.9913 11.4041 11.7116
August 11.5382 11.2015 11.4004
September 11.4953 11.1725 11.2898
October 11.8117 11.3435 11.5344
November 11.9619 11.6744 11.8188
December 11.9975 11.5162 11.8162