YEARLY HIGH
0.0762 JOD
YEARLY LOW
0.0695 JOD
YEARLY AVERAGE
0.0731 JOD

2017 MAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.0762. Conversely, the yearly low was recorded on January 3, dropping to 0.0695.

This high-to-low spread represents a total annual volatility of 0.0067 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0704 to the December average rate of 0.0753, the exchange rate registered a net change of 6.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0762 was up 2.71% compared to the 2016 peak of 0.0742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MAD based on timing:

Yearly Peak High 381 JOD
2016 Average 361 JOD
Yearly Trough Low 348 JOD
Transaction Impact: A difference of 33.44 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0762
0.0699
JanuMarcMayJulySeptNove

MAD to JOD 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 0.0712, compared to 0.0750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0712
H2 Avg (Jul–Dec) 0.0750

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0017 JOD (High: 0.0751 / Low: 0.0733). On the other end, October was the most stable month, with a tight range of 0.0010 JOD (High: 0.0755 / Low: 0.0745).

July Spread (Volatile) ±0.0017
October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0757) against the same month in 2016 (average: 0.0729), the exchange rate shifted by +0.0028 (+3.83%).

2017 Avg (September) 0.0757
2016 Avg (September) 0.0729

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0710 0.0695 0.0704
February 0.0711 0.0701 0.0704
March 0.0714 0.0699 0.0707
April 0.0716 0.0702 0.0707
May 0.0729 0.0714 0.0722
June 0.0738 0.0724 0.0728
July 0.0751 0.0733 0.0741
August 0.0760 0.0747 0.0751
September 0.0762 0.0747 0.0757
October 0.0755 0.0745 0.0751
November 0.0759 0.0744 0.0750
December 0.0760 0.0748 0.0753