YEARLY HIGH
177.7722 JMD
YEARLY LOW
155.1293 JMD
YEARLY AVERAGE
165.3346 JMD

2017 FKP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FKP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 177.7722. Conversely, the yearly low was recorded on January 15, dropping to 155.1293.

This high-to-low spread represents a total annual volatility of 22.6430 JMD. From a start-to-finish perspective, comparing the January average rate of 159.0636 to the December average rate of 167.7292, the exchange rate registered a net change of 5.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 177.7722 was down 5.37% compared to the 2016 peak of 187.8610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 888,861 JMD
2016 Average 846,490 JMD
Yearly Trough Low 775,646 JMD
Transaction Impact: A difference of 113,214.85 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

174.3882
157.4365
JanuMarcMayJulySeptNove

FKP 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 162.5212, compared to 168.1480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6267 points.

H1 Avg (Jan–Jun) 162.5212
H2 Avg (Jul–Dec) 168.1480

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 12.3016 JMD (High: 177.7722 / Low: 165.4706). On the other end, May was the most stable month, with a tight range of 2.4859 JMD (High: 168.4311 / Low: 165.9453).

September Spread (Volatile) ±12.3016
May Spread (Stable) ±2.4859

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 3.9093 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.9093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 172.9755) against the same month in 2016 (average: 167.4711), the exchange rate shifted by +5.5045 (+3.29%).

2017 Avg (September) 172.9755
2016 Avg (September) 167.4711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 163.0845 155.1293 159.0636
February 163.6490 159.4173 160.6523
March 162.0939 155.5469 158.8492
April 168.0312 159.4990 163.2128
May 168.4311 165.9453 167.2309
June 168.4501 164.1782 166.1187
July 168.4528 163.8435 166.6984
August 168.6180 163.2541 165.4865
September 177.7722 165.4706 172.9755
October 175.4808 166.9534 169.0663
November 169.3477 165.0075 166.9319
December 169.4085 166.5459 167.7292