YEARLY HIGH
65.2746 JMD
YEARLY LOW
59.9516 JMD
YEARLY AVERAGE
62.3249 JMD

2017 FJD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 65.2746. Conversely, the yearly low was recorded on December 7, dropping to 59.9516.

This high-to-low spread represents a total annual volatility of 5.3230 JMD. From a start-to-finish perspective, comparing the January average rate of 61.8644 to the December average rate of 60.5936, the exchange rate registered a net change of -2.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 65.2746 was up 2.85% compared to the 2016 peak of 63.4630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 326,373 JMD
2016 Average 300,027 JMD
Yearly Trough Low 299,758 JMD
Transaction Impact: A difference of 26,615.21 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

64.7560
60.2152
JanuMarcMayJulySeptNove

FJD 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 62.1795, compared to 62.4703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2907 points.

H1 Avg (Jan–Jun) 62.1795
H2 Avg (Jul–Dec) 62.4703

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 3.3857 JMD (High: 64.5339 / Low: 61.1483). On the other end, April was the most stable month, with a tight range of 1.0643 JMD (High: 62.4304 / Low: 61.3661).

October Spread (Volatile) ±3.3857
April Spread (Stable) ±1.0643

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.8312 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.8312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 64.3776) against the same month in 2016 (average: 62.1533), the exchange rate shifted by +2.2242 (+3.58%).

2017 Avg (September) 64.3776
2016 Avg (September) 62.1533

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62.6734 60.3728 61.8644
February 63.3760 61.8755 62.5567
March 62.7480 60.9734 61.9644
April 62.4304 61.3661 61.9518
May 62.8925 60.8829 61.7803
June 63.5806 62.2742 62.9595
July 64.0176 62.0485 63.0896
August 64.5018 62.2764 63.3043
September 65.2746 62.9288 64.3776
October 64.5339 61.1483 62.5464
November 61.8156 60.0024 60.9101
December 61.2455 59.9516 60.5936