YEARLY HIGH
0.0121 JOD
YEARLY LOW
0.0099 JOD
YEARLY AVERAGE
0.0111 JOD

2017 MZN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0121. Conversely, the yearly low was recorded on January 7, dropping to 0.0099.

This high-to-low spread represents a total annual volatility of 0.0021 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0119, the exchange rate registered a net change of 18.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0121 was down 23.65% compared to the 2016 peak of 0.0158, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60 JOD
2016 Average 59 JOD
Yearly Trough Low 50 JOD
Transaction Impact: A difference of 10.74 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0121
0.0098
JanuMarcMayJulySeptNove

MZN 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 0.0105, compared to 0.0117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0105
H2 Avg (Jul–Dec) 0.0117

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0019 JOD (High: 0.0119 / Low: 0.0100). On the other end, November was the most stable month, with a tight range of 0.0001 JOD (High: 0.0117 / Low: 0.0116).

June Spread (Volatile) ±0.0019
November Spread (Stable) ±0.0001

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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0119) against the same month in 2016 (average: 0.0097), the exchange rate shifted by +0.0022 (+22.20%).

2017 Avg (December) 0.0119
2016 Avg (December) 0.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0101 0.0099 0.0100
February 0.0102 0.0100 0.0101
March 0.0104 0.0100 0.0102
April 0.0108 0.0104 0.0107
May 0.0112 0.0100 0.0105
June 0.0119 0.0100 0.0114
July 0.0119 0.0116 0.0117
August 0.0117 0.0116 0.0116
September 0.0116 0.0114 0.0115
October 0.0116 0.0114 0.0116
November 0.0117 0.0116 0.0117
December 0.0121 0.0116 0.0119