YEARLY HIGH
2.0473 SGD
YEARLY LOW
1.8820 SGD
YEARLY AVERAGE
1.9470 SGD

2017 JOD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.0473. Conversely, the yearly low was recorded on December 30, dropping to 1.8820.

This high-to-low spread represents a total annual volatility of 0.1653 SGD. From a start-to-finish perspective, comparing the January average rate of 2.0177 to the December average rate of 1.8981, the exchange rate registered a net change of -5.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0473 was down 0.03% compared to the 2016 peak of 2.0479, 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 10,237 SGD
2016 Average 9,745 SGD
Yearly Trough Low 9,410 SGD
Transaction Impact: A difference of 826.52 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0297
1.8861
JanuMarcMayJulySeptNove

JOD to SGD 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 1.9802, compared to 1.9138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0663 points.

H1 Avg (Jan–Jun) 1.9802
H2 Avg (Jul–Dec) 1.9138

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0567 SGD (High: 2.0473 / Low: 1.9907). On the other end, August was the most stable month, with a tight range of 0.0168 SGD (High: 1.9280 / Low: 1.9112).

January Spread (Volatile) ±0.0567
August Spread (Stable) ±0.0168

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 January and February, when the average rate fell by 0.0215 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.0177) against the same month in 2016 (average: 2.0188), the exchange rate shifted by -0.0011 (-0.05%).

2017 Avg (January) 2.0177
2016 Avg (January) 2.0188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0473 1.9907 2.0177
February 2.0097 1.9832 1.9962
March 2.0026 1.9655 1.9819
April 1.9829 1.9636 1.9710
May 1.9897 1.9447 1.9649
June 1.9579 1.9373 1.9491
July 1.9507 1.9114 1.9310
August 1.9280 1.9112 1.9196
September 1.9171 1.8893 1.9045
October 1.9296 1.9009 1.9175
November 1.9254 1.8970 1.9122
December 1.9079 1.8820 1.8981