2017 JOD to SRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JOD to SRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JOD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 10.6567. Conversely, the yearly low was recorded on January 1, dropping to 10.4781.
This high-to-low spread represents a total annual volatility of 0.1786 SRD. From a start-to-finish perspective, comparing the January average rate of 10.5395 to the December average rate of 10.5109, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 10.6567 was down 2.81% compared to the 2016 peak of 10.9650, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
JOD to SRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.6100, compared to 10.5061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1040 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 0.1256 SRD (High: 10.6037 / Low: 10.4781). On the other end, November was the most stable month, with a tight range of 0.0119 SRD (High: 10.5094 / Low: 10.4975).
Growth Streaks & Declines
TrendsBetween September and December, 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 June and July, when the average rate fell by 0.0533 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 10.6412) against the same month in 2016 (average: 5.6316), the exchange rate shifted by +5.0096 (+88.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.6037 | 10.4781 | 10.5395 |
| February | 10.6524 | 10.6001 | 10.6359 |
| March | 10.6567 | 10.6298 | 10.6412 |
| April | 10.6536 | 10.5868 | 10.6369 |
| May | 10.6370 | 10.6020 | 10.6192 |
| June | 10.6080 | 10.5649 | 10.5877 |
| July | 10.5762 | 10.4997 | 10.5345 |
| August | 10.5265 | 10.4908 | 10.4939 |
| September | 10.5012 | 10.4878 | 10.4931 |
| October | 10.5049 | 10.4849 | 10.4997 |
| November | 10.5094 | 10.4975 | 10.5043 |
| December | 10.5190 | 10.4966 | 10.5109 |