YEARLY HIGH
0.2205 JOD
YEARLY LOW
0.2086 JOD
YEARLY AVERAGE
0.2175 JOD

2017 PEN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.2205. Conversely, the yearly low was recorded on January 11, dropping to 0.2086.

This high-to-low spread represents a total annual volatility of 0.0119 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2123 to the December average rate of 0.2186, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2205 was up 1.10% compared to the 2016 peak of 0.2181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,103 JOD
2016 Average 1,050 JOD
Yearly Trough Low 1,043 JOD
Transaction Impact: A difference of 59.74 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2193
0.2116
JanuMarcMayJulySeptNove

PEN 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 0.2166, compared to 0.2185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.2166
H2 Avg (Jul–Dec) 0.2185

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0115 JOD (High: 0.2201 / Low: 0.2086). On the other end, April was the most stable month, with a tight range of 0.0017 JOD (High: 0.2191 / Low: 0.2174).

November Spread (Volatile) ±0.0115
April Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and August, 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 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.2187) against the same month in 2016 (average: 0.2126), the exchange rate shifted by +0.0061 (+2.86%).

2017 Avg (August) 0.2187
2016 Avg (August) 0.2126

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2162 0.2086 0.2123
February 0.2187 0.2153 0.2175
March 0.2189 0.2152 0.2173
April 0.2191 0.2174 0.2183
May 0.2188 0.2156 0.2169
June 0.2187 0.2154 0.2174
July 0.2195 0.2178 0.2186
August 0.2205 0.2171 0.2187
September 0.2196 0.2166 0.2184
October 0.2192 0.2159 0.2181
November 0.2201 0.2086 0.2185
December 0.2195 0.2153 0.2186