YEARLY HIGH
1.4164 JMD
YEARLY LOW
1.2165 JMD
YEARLY AVERAGE
1.3102 JMD

2017 CVE to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 1.4164. Conversely, the yearly low was recorded on January 4, dropping to 1.2165.

This high-to-low spread represents a total annual volatility of 0.1999 JMD. From a start-to-finish perspective, comparing the January average rate of 1.2396 to the December average rate of 1.3390, the exchange rate registered a net change of 8.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.4164 was up 8.67% compared to the 2016 peak of 1.3034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,082 JMD
2016 Average 6,278 JMD
Yearly Trough Low 6,082 JMD
Transaction Impact: A difference of 999.74 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.4146
1.2227
JanuMarcMayJulySeptNove

CVE 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 1.2637, compared to 1.3567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0930 points.

H1 Avg (Jan–Jun) 1.2637
H2 Avg (Jul–Dec) 1.3567

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0656 JMD (High: 1.3980 / Low: 1.3324). On the other end, December was the most stable month, with a tight range of 0.0207 JMD (High: 1.3517 / Low: 1.3310).

October Spread (Volatile) ±0.0656
December Spread (Stable) ±0.0207

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0360 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1.3986) against the same month in 2016 (average: 1.2951), the exchange rate shifted by +0.1035 (+7.99%).

2017 Avg (September) 1.3986
2016 Avg (September) 1.2951

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2539 1.2165 1.2396
February 1.2579 1.2277 1.2387
March 1.2671 1.2185 1.2437
April 1.2788 1.2359 1.2501
May 1.3202 1.2683 1.2932
June 1.3368 1.3080 1.3172
July 1.3544 1.3192 1.3362
August 1.3983 1.3534 1.3650
September 1.4164 1.3724 1.3986
October 1.3980 1.3324 1.3626
November 1.3601 1.3244 1.3388
December 1.3517 1.3310 1.3390