YEARLY HIGH
0.1957 JOD
YEARLY LOW
0.1809 JOD
YEARLY AVERAGE
0.1929 JOD

2017 QAR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 0.1957. Conversely, the yearly low was recorded on November 21, dropping to 0.1809.

This high-to-low spread represents a total annual volatility of 0.0149 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1946 to the December average rate of 0.1933, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1957 was up 0.40% compared to the 2016 peak of 0.1949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 979 JOD
2016 Average 973 JOD
Yearly Trough Low 904 JOD
Transaction Impact: A difference of 74.25 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1958
0.1855
JanuMarcMayJulySeptNove

QAR 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 0.1945, compared to 0.1913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1945
H2 Avg (Jul–Dec) 0.1913

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0140 JOD (High: 0.1949 / Low: 0.1809). On the other end, January was the most stable month, with a tight range of 0.0003 JOD (High: 0.1947 / Low: 0.1945).

November Spread (Volatile) ±0.0140
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0033 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.1937) against the same month in 2016 (average: 0.1946), the exchange rate shifted by -0.0008 (-0.43%).

2017 Avg (August) 0.1937
2016 Avg (August) 0.1946

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1947 0.1945 0.1946
February 0.1949 0.1945 0.1946
March 0.1950 0.1945 0.1947
April 0.1950 0.1947 0.1948
May 0.1952 0.1947 0.1949
June 0.1950 0.1872 0.1931
July 0.1956 0.1899 0.1935
August 0.1957 0.1921 0.1937
September 0.1941 0.1906 0.1915
October 0.1947 0.1863 0.1896
November 0.1949 0.1809 0.1863
December 0.1952 0.1912 0.1933