YEARLY HIGH
20.4124 ZAR
YEARLY LOW
17.3024 ZAR
YEARLY AVERAGE
18.7630 ZAR

2017 JOD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 20.4124. Conversely, the yearly low was recorded on December 27, dropping to 17.3024.

This high-to-low spread represents a total annual volatility of 3.1100 ZAR. From a start-to-finish perspective, comparing the January average rate of 19.1697 to the December average rate of 18.4551, the exchange rate registered a net change of -3.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 20.4124 was down 14.05% compared to the 2016 peak of 23.7505, 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 102,062 ZAR
2016 Average 103,758 ZAR
Yearly Trough Low 86,512 ZAR
Transaction Impact: A difference of 15,550.05 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

20.0487
17.9888
JanuMarcMayJulySeptNove

JOD to ZAR 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 18.6273, compared to 18.8986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2714 points.

H1 Avg (Jan–Jun) 18.6273
H2 Avg (Jul–Dec) 18.8986

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 2.0979 ZAR (High: 19.4003 / Low: 17.3024). On the other end, June was the most stable month, with a tight range of 0.6794 ZAR (High: 18.4723 / Low: 17.7929).

December Spread (Volatile) ±2.0979
June Spread (Stable) ±0.6794

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 1.4219 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 19.8771) against the same month in 2016 (average: 19.7371), the exchange rate shifted by +0.1399 (+0.71%).

2017 Avg (November) 19.8771
2016 Avg (November) 19.7371

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.4828 18.6878 19.1697
February 19.0042 18.1678 18.5959
March 18.9536 17.5053 18.2274
April 19.6314 18.3381 18.9347
May 19.2315 18.0604 18.6756
June 18.4723 17.7929 18.1605
July 19.1085 18.1712 18.4941
August 19.0282 18.3398 18.6803
September 19.1540 18.0594 18.5650
October 20.0865 18.6898 19.3202
November 20.4124 19.2748 19.8771
December 19.4003 17.3024 18.4551