YEARLY HIGH
0.0895 JOD
YEARLY LOW
0.0774 JOD
YEARLY AVERAGE
0.0831 JOD

2017 SEK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SEK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.0895. Conversely, the yearly low was recorded on January 3, dropping to 0.0774.

This high-to-low spread represents a total annual volatility of 0.0121 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0792 to the December average rate of 0.0846, the exchange rate registered a net change of 6.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0895 was up 0.79% 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 SEK based on timing:

Yearly Peak High 448 JOD
2016 Average 414 JOD
Yearly Trough Low 387 JOD
Transaction Impact: A difference of 60.56 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0895
0.0782
JanuMarcMayJulySeptNove

SEK 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 0.0800, compared to 0.0863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0800
H2 Avg (Jul–Dec) 0.0863

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0043 JOD (High: 0.0877 / Low: 0.0834). On the other end, November was the most stable month, with a tight range of 0.0021 JOD (High: 0.0857 / Low: 0.0836).

July Spread (Volatile) ±0.0043
November Spread (Stable) ±0.0021

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 0.0021 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0886) against the same month in 2016 (average: 0.0830), the exchange rate shifted by +0.0056 (+6.72%).

2017 Avg (September) 0.0886
2016 Avg (September) 0.0830

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0810 0.0774 0.0792
February 0.0810 0.0781 0.0795
March 0.0807 0.0780 0.0795
April 0.0810 0.0781 0.0791
May 0.0819 0.0795 0.0809
June 0.0841 0.0809 0.0818
July 0.0877 0.0834 0.0854
August 0.0893 0.0867 0.0877
September 0.0895 0.0870 0.0886
October 0.0882 0.0847 0.0867
November 0.0857 0.0836 0.0846
December 0.0868 0.0834 0.0846