YEARLY HIGH
20.4395 SZL
YEARLY LOW
17.3023 SZL
YEARLY AVERAGE
18.7696 SZL

2017 JOD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 20.4395. Conversely, the yearly low was recorded on December 30, dropping to 17.3023.

This high-to-low spread represents a total annual volatility of 3.1372 SZL. From a start-to-finish perspective, comparing the January average rate of 19.1214 to the December average rate of 18.5343, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 20.4395 was down 13.85% compared to the 2016 peak of 23.7245, 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 102,197 SZL
2016 Average 103,755 SZL
Yearly Trough Low 86,511 SZL
Transaction Impact: A difference of 15,686.03 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

20.0806
17.9600
JanuMarcMayJulySeptNove

JOD to SZL 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 18.6270, compared to 18.9123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2853 points.

H1 Avg (Jan–Jun) 18.6270
H2 Avg (Jul–Dec) 18.9123

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 2.0559 SZL (High: 19.3582 / Low: 17.3023). On the other end, June was the most stable month, with a tight range of 0.5698 SZL (High: 18.4324 / Low: 17.8626).

December Spread (Volatile) ±2.0559
June Spread (Stable) ±0.5698

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 1.3695 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3695

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 19.9039) against the same month in 2016 (average: 19.7418), the exchange rate shifted by +0.1621 (+0.82%).

2017 Avg (November) 19.9039
2016 Avg (November) 19.7418

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.4424 18.7650 19.1214
February 19.0359 18.2736 18.6371
March 18.8852 17.6093 18.2148
April 19.6546 18.2324 18.9834
May 19.2814 18.1407 18.6684
June 18.4324 17.8626 18.1367
July 19.0095 18.0642 18.5099
August 19.0121 18.3126 18.6728
September 19.1323 18.1295 18.5438
October 20.0421 18.8079 19.3089
November 20.4395 19.2723 19.9039
December 19.3582 17.3023 18.5343