YEARLY HIGH
0.0501 JOD
YEARLY LOW
0.0454 JOD
YEARLY AVERAGE
0.0460 JOD

2017 MVR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.0501. Conversely, the yearly low was recorded on March 6, dropping to 0.0454.

This high-to-low spread represents a total annual volatility of 0.0047 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0461 to the December average rate of 0.0460, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0501 was up 6.45% compared to the 2016 peak of 0.0471, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 251 JOD
2016 Average 232 JOD
Yearly Trough Low 227 JOD
Transaction Impact: A difference of 23.63 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0463
0.0456
JanuMarcMayJulySeptNove

MVR 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 0.0459, compared to 0.0461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0459
H2 Avg (Jul–Dec) 0.0461

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0044 JOD (High: 0.0501 / Low: 0.0458). On the other end, October was the most stable month, with a tight range of 0.0001 JOD (High: 0.0461 / Low: 0.0460).

August Spread (Volatile) ±0.0044
October Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0462) against the same month in 2016 (average: 0.0467), the exchange rate shifted by -0.0004 (-0.89%).

2017 Avg (August) 0.0462
2016 Avg (August) 0.0467

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0464 0.0459 0.0461
February 0.0462 0.0455 0.0458
March 0.0460 0.0454 0.0458
April 0.0462 0.0457 0.0459
May 0.0462 0.0455 0.0459
June 0.0459 0.0455 0.0456
July 0.0460 0.0457 0.0458
August 0.0501 0.0458 0.0462
September 0.0461 0.0458 0.0460
October 0.0461 0.0460 0.0460
November 0.0463 0.0460 0.0462
December 0.0461 0.0460 0.0460