YEARLY HIGH
0.0406 JOD
YEARLY LOW
0.0323 JOD
YEARLY AVERAGE
0.0376 JOD

2017 MXN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MXN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0406. Conversely, the yearly low was recorded on January 19, dropping to 0.0323.

This high-to-low spread represents a total annual volatility of 0.0083 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0332 to the December average rate of 0.0369, the exchange rate registered a net change of 11.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0406 was down 1.49% compared to the 2016 peak of 0.0412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 2,031 JOD
2016 Average 1,901 JOD
Yearly Trough Low 1,615 JOD
Transaction Impact: A difference of 415.21 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0405
0.0325
JanuMarcMayJulySeptNove

MXN 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 0.0366, compared to 0.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0366
H2 Avg (Jul–Dec) 0.0386

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0025 JOD (High: 0.0379 / Low: 0.0354). On the other end, August was the most stable month, with a tight range of 0.0008 JOD (High: 0.0402 / Low: 0.0394).

March Spread (Volatile) ±0.0025
August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0398) against the same month in 2016 (average: 0.0381), the exchange rate shifted by +0.0017 (+4.43%).

2017 Avg (July) 0.0398
2016 Avg (July) 0.0381

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0342 0.0323 0.0332
February 0.0360 0.0342 0.0350
March 0.0379 0.0354 0.0368
April 0.0384 0.0370 0.0379
May 0.0385 0.0370 0.0378
June 0.0398 0.0379 0.0391
July 0.0406 0.0387 0.0398
August 0.0402 0.0394 0.0398
September 0.0402 0.0388 0.0398
October 0.0389 0.0369 0.0377
November 0.0382 0.0369 0.0375
December 0.0381 0.0357 0.0369