2017 JOD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |