YEARLY HIGH
0.5336 JOD
YEARLY LOW
0.4825 JOD
YEARLY AVERAGE
0.5042 JOD

2017 NZD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.5336. Conversely, the yearly low was recorded on November 19, dropping to 0.4825.

This high-to-low spread represents a total annual volatility of 0.0511 JOD. From a start-to-finish perspective, comparing the January average rate of 0.5046 to the December average rate of 0.4942, the exchange rate registered a net change of -2.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5336 was up 1.09% compared to the 2016 peak of 0.5278, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,668 JOD
2016 Average 2,470 JOD
Yearly Trough Low 2,412 JOD
Transaction Impact: A difference of 255.60 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5265
0.4848
JanuMarcMayJulySeptNove

NZD 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 0.5023, compared to 0.5062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.5023
H2 Avg (Jul–Dec) 0.5062

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0269 JOD (High: 0.5172 / Low: 0.4903). On the other end, February was the most stable month, with a tight range of 0.0104 JOD (High: 0.5184 / Low: 0.5080).

January Spread (Volatile) ±0.0269
February Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 0.0150 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.5230) against the same month in 2016 (average: 0.5058), the exchange rate shifted by +0.0172 (+3.40%).

2017 Avg (July) 0.5230
2016 Avg (July) 0.5058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5172 0.4903 0.5046
February 0.5184 0.5080 0.5115
March 0.5042 0.4894 0.4966
April 0.4998 0.4872 0.4948
May 0.5030 0.4848 0.4930
June 0.5200 0.5011 0.5130
July 0.5336 0.5119 0.5230
August 0.5278 0.5088 0.5180
September 0.5199 0.5072 0.5139
October 0.5115 0.4850 0.4996
November 0.4932 0.4825 0.4883
December 0.5046 0.4840 0.4942