YEARLY HIGH
0.0772 JMD
YEARLY LOW
0.0706 JMD
YEARLY AVERAGE
0.0745 JMD

2017 BIF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0772. Conversely, the yearly low was recorded on December 9, dropping to 0.0706.

This high-to-low spread represents a total annual volatility of 0.0065 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0767 to the December average rate of 0.0711, the exchange rate registered a net change of -7.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0772 was down 4.02% compared to the 2016 peak of 0.0804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 386 JMD
2016 Average 387 JMD
Yearly Trough Low 353 JMD
Transaction Impact: A difference of 32.63 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0772
0.0706
JanuMarcMayJulySeptNove

BIF 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 0.0760, compared to 0.0730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0760
H2 Avg (Jul–Dec) 0.0730

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0029 JMD (High: 0.0747 / Low: 0.0718). On the other end, August was the most stable month, with a tight range of 0.0009 JMD (High: 0.0739 / Low: 0.0730).

October Spread (Volatile) ±0.0029
August Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0014 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0767) against the same month in 2016 (average: 0.0771), the exchange rate shifted by -0.0005 (-0.59%).

2017 Avg (January) 0.0767
2016 Avg (January) 0.0771

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0772 0.0757 0.0767
February 0.0764 0.0753 0.0760
March 0.0763 0.0745 0.0759
April 0.0763 0.0754 0.0761
May 0.0768 0.0749 0.0760
June 0.0759 0.0750 0.0753
July 0.0758 0.0734 0.0743
August 0.0739 0.0730 0.0735
September 0.0751 0.0733 0.0744
October 0.0747 0.0718 0.0730
November 0.0725 0.0710 0.0719
December 0.0717 0.0706 0.0711