YEARLY HIGH
0.0416 JOD
YEARLY LOW
0.0350 JOD
YEARLY AVERAGE
0.0385 JOD

2017 MDL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MDL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0416. Conversely, the yearly low was recorded on January 10, dropping to 0.0350.

This high-to-low spread represents a total annual volatility of 0.0066 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0353 to the December average rate of 0.0413, the exchange rate registered a net change of 16.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0416 was up 14.50% compared to the 2016 peak of 0.0363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 208 JOD
2016 Average 178 JOD
Yearly Trough Low 175 JOD
Transaction Impact: A difference of 32.76 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0419
0.0347
JanuMarcMayJulySeptNove

MDL 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 0.0368, compared to 0.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0368
H2 Avg (Jul–Dec) 0.0403

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0023 JOD (High: 0.0391 / Low: 0.0369). On the other end, July was the most stable month, with a tight range of 0.0004 JOD (High: 0.0394 / Low: 0.0390).

May Spread (Volatile) ±0.0023
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0002 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0413) against the same month in 2016 (average: 0.0352), the exchange rate shifted by +0.0061 (+17.28%).

2017 Avg (December) 0.0413
2016 Avg (December) 0.0352

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0356 0.0350 0.0353
February 0.0357 0.0353 0.0355
March 0.0366 0.0354 0.0360
April 0.0370 0.0364 0.0367
May 0.0391 0.0369 0.0383
June 0.0393 0.0388 0.0390
July 0.0394 0.0390 0.0392
August 0.0399 0.0393 0.0397
September 0.0403 0.0396 0.0401
October 0.0411 0.0401 0.0407
November 0.0414 0.0401 0.0406
December 0.0416 0.0411 0.0413