2017 JOD to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JOD to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JOD to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 7418.5605. Conversely, the yearly low was recorded on June 25, dropping to 1.4068.
This high-to-low spread represents a total annual volatility of 7417.1536 ZMK. From a start-to-finish perspective, comparing the January average rate of 5739.7735 to the December average rate of 1.4100, the exchange rate registered a net change of -99.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 7418.5605 was down 0.13% compared to the 2016 peak of 7427.9550, 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 ZMK 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 4472.3385, compared to 1.4102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4470.9283 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 7417.1498 ZMK (High: 7418.5605 / Low: 1.4107). On the other end, August was the most stable month, with a tight range of 0.0010 ZMK (High: 1.4114 / Low: 1.4104).
Growth Streaks & Declines
TrendsBetween June and September, 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 April and May, when the average rate fell by 4299.8152 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 5739.7735) against the same month in 2016 (average: 7406.6011), the exchange rate shifted by -1666.8277 (-22.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7418.5605 | 1.4107 | 5739.7735 |
| February | 7416.0296 | 1.4100 | 3177.2818 |
| March | 7418.5605 | 7399.6981 | 7407.7260 |
| April | 7410.7635 | 7399.2606 | 7403.8283 |
| May | 7403.9324 | 1.4076 | 3104.0131 |
| June | 1.4110 | 1.4068 | 1.4084 |
| July | 1.4114 | 1.4072 | 1.4091 |
| August | 1.4114 | 1.4104 | 1.4107 |
| September | 1.4118 | 1.4100 | 1.4107 |
| October | 1.4112 | 1.4088 | 1.4102 |
| November | 1.4110 | 1.4094 | 1.4104 |
| December | 1.4104 | 1.4074 | 1.4100 |