YEARLY HIGH
15.4924 VEF
YEARLY LOW
14.0454 VEF
YEARLY AVERAGE
14.2409 VEF

2017 JOD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 15.4924. Conversely, the yearly low was recorded on May 7, dropping to 14.0454.

This high-to-low spread represents a total annual volatility of 1.4470 VEF. From a start-to-finish perspective, comparing the January average rate of 14.0960 to the December average rate of 14.5263, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 15.4924 was up 9.19% compared to the 2016 peak of 14.1889, 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 77,462 VEF
2016 Average 63,997 VEF
Yearly Trough Low 70,227 VEF
Transaction Impact: A difference of 7,235.02 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

14.6397
14.0364
JanuMarcMayJulySeptNove

JOD to VEF 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 14.1291, compared to 14.3527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2236 points.

H1 Avg (Jan–Jun) 14.1291
H2 Avg (Jul–Dec) 14.3527

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 1.4106 VEF (High: 15.4924 / Low: 14.0818). On the other end, January was the most stable month, with a tight range of 0.0308 VEF (High: 14.1133 / Low: 14.0825).

November Spread (Volatile) ±1.4106
January Spread (Stable) ±0.0308

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.1116 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 14.5895) against the same month in 2016 (average: 14.0852), the exchange rate shifted by +0.5042 (+3.58%).

2017 Avg (November) 14.5895
2016 Avg (November) 14.0852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.1133 14.0825 14.0960
February 14.1133 14.0792 14.0955
March 14.1073 14.0653 14.0867
April 14.3399 14.0673 14.1734
May 14.3593 14.0454 14.1899
June 14.2942 14.0474 14.1329
July 14.3262 14.0514 14.2250
August 14.6351 14.0832 14.3163
September 14.3448 14.0792 14.2047
October 14.9381 14.0813 14.2543
November 15.4924 14.0818 14.5895
December 15.3228 14.0532 14.5263