YEARLY HIGH
0.5313 JOD
YEARLY LOW
0.4884 JOD
YEARLY AVERAGE
0.5138 JOD

2017 SGD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5313. Conversely, the yearly low was recorded on January 2, dropping to 0.4884.

This high-to-low spread represents a total annual volatility of 0.0429 JOD. From a start-to-finish perspective, comparing the January average rate of 0.4956 to the December average rate of 0.5269, the exchange rate registered a net change of 6.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5313 was up 0.39% compared to the 2016 peak of 0.5293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,657 JOD
2016 Average 2,567 JOD
Yearly Trough Low 2,442 JOD
Transaction Impact: A difference of 214.50 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5300
0.4925
JanuMarcMayJulySeptNove

SGD 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 0.5051, compared to 0.5225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 0.5051
H2 Avg (Jul–Dec) 0.5225

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0139 JOD (High: 0.5023 / Low: 0.4884). On the other end, August was the most stable month, with a tight range of 0.0045 JOD (High: 0.5232 / Low: 0.5187).

January Spread (Volatile) ±0.0139
August Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0035 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.5269) against the same month in 2016 (average: 0.4931), the exchange rate shifted by +0.0338 (+6.85%).

2017 Avg (December) 0.5269
2016 Avg (December) 0.4931

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5023 0.4884 0.4956
February 0.5042 0.4976 0.5010
March 0.5088 0.4994 0.5046
April 0.5093 0.5043 0.5073
May 0.5142 0.5026 0.5089
June 0.5162 0.5108 0.5131
July 0.5232 0.5126 0.5179
August 0.5232 0.5187 0.5210
September 0.5293 0.5216 0.5251
October 0.5261 0.5182 0.5215
November 0.5271 0.5194 0.5230
December 0.5313 0.5241 0.5269