YEARLY HIGH
0.0578 JOD
YEARLY LOW
0.0490 JOD
YEARLY AVERAGE
0.0533 JOD

2017 NAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0578. Conversely, the yearly low was recorded on November 15, dropping to 0.0490.

This high-to-low spread represents a total annual volatility of 0.0088 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0523 to the December average rate of 0.0541, the exchange rate registered a net change of 3.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0578 was up 8.77% compared to the 2016 peak of 0.0532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 289 JOD
2016 Average 242 JOD
Yearly Trough Low 245 JOD
Transaction Impact: A difference of 43.96 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0556
0.0499
JanuMarcMayJulySeptNove

NAD 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 0.0537, compared to 0.0530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0537
H2 Avg (Jul–Dec) 0.0530

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0062 JOD (High: 0.0578 / Low: 0.0516). On the other end, June was the most stable month, with a tight range of 0.0018 JOD (High: 0.0560 / Low: 0.0542).

December Spread (Volatile) ±0.0062
June Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0541) against the same month in 2016 (average: 0.0511), the exchange rate shifted by +0.0030 (+5.89%).

2017 Avg (December) 0.0541
2016 Avg (December) 0.0511

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0536 0.0515 0.0523
February 0.0547 0.0526 0.0537
March 0.0570 0.0529 0.0549
April 0.0549 0.0509 0.0527
May 0.0551 0.0519 0.0536
June 0.0560 0.0542 0.0551
July 0.0554 0.0526 0.0541
August 0.0547 0.0527 0.0536
September 0.0551 0.0522 0.0539
October 0.0533 0.0499 0.0518
November 0.0519 0.0490 0.0503
December 0.0578 0.0516 0.0541