YEARLY HIGH
3.0281 JMD
YEARLY LOW
2.6099 JMD
YEARLY AVERAGE
2.8035 JMD

2017 GMD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 3.0281. Conversely, the yearly low was recorded on December 31, dropping to 2.6099.

This high-to-low spread represents a total annual volatility of 0.4181 JMD. From a start-to-finish perspective, comparing the January average rate of 2.9586 to the December average rate of 2.6327, the exchange rate registered a net change of -11.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.0281 was down 2.23% compared to the 2016 peak of 3.0972, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,140 JMD
2016 Average 14,903 JMD
Yearly Trough Low 13,050 JMD
Transaction Impact: A difference of 2,090.73 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.9912
2.6002
JanuMarcMayJulySeptNove

GMD 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 2.8729, compared to 2.7342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1387 points.

H1 Avg (Jan–Jun) 2.8729
H2 Avg (Jul–Dec) 2.7342

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.1370 JMD (High: 2.8098 / Low: 2.6728). On the other end, April was the most stable month, with a tight range of 0.0333 JMD (High: 2.8718 / Low: 2.8385).

October Spread (Volatile) ±0.1370
April Spread (Stable) ±0.0333

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 0.0992 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0992

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.9586) against the same month in 2016 (average: 3.0495), the exchange rate shifted by -0.0909 (-2.98%).

2017 Avg (January) 2.9586
2016 Avg (January) 3.0495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0281 2.9017 2.9586
February 2.9598 2.8707 2.9152
March 2.9015 2.8526 2.8772
April 2.8718 2.8385 2.8555
May 2.8506 2.7898 2.8076
June 2.8425 2.8053 2.8231
July 2.8192 2.7457 2.7842
August 2.8227 2.7513 2.7821
September 2.8515 2.7726 2.8206
October 2.8098 2.6728 2.7214
November 2.6844 2.6365 2.6641
December 2.6515 2.6099 2.6327