2017 NOK to JOD Historical Review

YEARLY HIGH

0.0917 JOD

YEARLY LOW

0.0817 JOD

YEARLY AVERAGE

0.0859 JOD

2017 NOK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.0917. Conversely, the yearly low was recorded on May 9, dropping to 0.0817.

This high-to-low spread represents a total annual volatility of 0.0100 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0837 to the December average rate of 0.0853, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0917 was up 3.27% compared to the 2016 peak of 0.0888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 459 JOD

2016 Average 422 JOD

Yearly Trough Low 409 JOD

Transaction Impact: A difference of 49.92 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0913

0.0818

JanuMarcMayJulySeptNove

NOK 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 0.0837, compared to 0.0880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0837

H2 Avg (Jul–Dec) 0.0880

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0054 JOD (High: 0.0899 / Low: 0.0845). On the other end, April was the most stable month, with a tight range of 0.0016 JOD (High: 0.0834 / Low: 0.0818).

July Spread (Volatile) ±0.0054

April Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0020 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0905) against the same month in 2016 (average: 0.0863), the exchange rate shifted by +0.0043 (+4.94%).

2017 Avg (September) 0.0905

2016 Avg (September) 0.0863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0859	0.0819	0.0837
February	0.0863	0.0844	0.0851
March	0.0842	0.0824	0.0834
April	0.0834	0.0818	0.0826
May	0.0851	0.0817	0.0835
June	0.0849	0.0831	0.0839
July	0.0899	0.0845	0.0871
August	0.0917	0.0889	0.0899
September	0.0917	0.0890	0.0905
October	0.0900	0.0866	0.0887
November	0.0872	0.0852	0.0867
December	0.0866	0.0843	0.0853