YEARLY HIGH
347.1412 JMD
YEARLY LOW
330.0929 JMD
YEARLY AVERAGE
340.2770 JMD

2017 BHD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BHD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 347.1412. Conversely, the yearly low was recorded on December 30, dropping to 330.0929.

This high-to-low spread represents a total annual volatility of 17.0483 JMD. From a start-to-finish perspective, comparing the January average rate of 341.6887 to the December average rate of 331.8398, 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 347.1412 was up 0.93% compared to the 2016 peak of 343.9296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,735,706 JMD
2016 Average 1,659,125 JMD
Yearly Trough Low 1,650,465 JMD
Transaction Impact: A difference of 85,241.53 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

345.6756
330.5820
JanuMarcMayJulySeptNove

BHD to JMD 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 342.4311, compared to 338.1229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3082 points.

H1 Avg (Jan–Jun) 342.4311
H2 Avg (Jul–Dec) 338.1229

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 9.7253 JMD (High: 345.5794 / Low: 335.8541). On the other end, June was the most stable month, with a tight range of 3.1760 JMD (High: 346.0620 / Low: 342.8859).

October Spread (Volatile) ±9.7253
June Spread (Stable) ±3.1760

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 4.9403 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.9403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 344.4178) against the same month in 2016 (average: 337.9158), the exchange rate shifted by +6.5020 (+1.92%).

2017 Avg (September) 344.4178
2016 Avg (September) 337.9158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 343.4170 339.4979 341.6887
February 343.2405 339.5247 341.5315
March 343.6210 337.8244 341.3823
April 344.2053 340.6136 342.5119
May 346.2887 341.2917 343.3235
June 346.0620 342.8859 344.1485
July 343.9451 335.0917 339.7397
August 341.4860 336.2230 338.7190
September 347.1412 338.7529 344.4178
October 345.5794 335.8541 339.4775
November 337.6534 331.1213 334.5437
December 333.6461 330.0929 331.8398