YEARLY HIGH
0.0712 JOD
YEARLY LOW
0.0645 JOD
YEARLY AVERAGE
0.0702 JOD

2017 VEF to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.0712. Conversely, the yearly low was recorded on November 2, dropping to 0.0645.

This high-to-low spread represents a total annual volatility of 0.0066 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0709 to the December average rate of 0.0689, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0712 was down 36.70% compared to the 2016 peak of 0.1125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 356 JOD
2016 Average 406 JOD
Yearly Trough Low 323 JOD
Transaction Impact: A difference of 33.25 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0712
0.0684
JanuMarcMayJulySeptNove

VEF 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 0.0708, compared to 0.0697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0708
H2 Avg (Jul–Dec) 0.0697

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0065 JOD (High: 0.0710 / Low: 0.0645). On the other end, January was the most stable month, with a tight range of 0.0002 JOD (High: 0.0710 / Low: 0.0709).

November Spread (Volatile) ±0.0065
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0705) against the same month in 2016 (average: 0.0711), the exchange rate shifted by -0.0006 (-0.82%).

2017 Avg (May) 0.0705
2016 Avg (May) 0.0711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0710 0.0709 0.0709
February 0.0710 0.0709 0.0709
March 0.0711 0.0709 0.0710
April 0.0711 0.0697 0.0706
May 0.0712 0.0696 0.0705
June 0.0712 0.0700 0.0708
July 0.0712 0.0698 0.0703
August 0.0710 0.0683 0.0699
September 0.0710 0.0697 0.0704
October 0.0710 0.0669 0.0702
November 0.0710 0.0645 0.0686
December 0.0712 0.0653 0.0689