YEARLY HIGH
16.7710 JMD
YEARLY LOW
15.9196 JMD
YEARLY AVERAGE
16.4673 JMD

2017 HKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 16.7710. Conversely, the yearly low was recorded on December 31, dropping to 15.9196.

This high-to-low spread represents a total annual volatility of 0.8514 JMD. From a start-to-finish perspective, comparing the January average rate of 16.6075 to the December average rate of 16.0154, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 16.7710 was up 0.41% compared to the 2016 peak of 16.7018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 419,275 JMD
2016 Average 402,924 JMD
Yearly Trough Low 397,991 JMD
Transaction Impact: A difference of 21,283.77 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

16.7084
15.9524
JanuMarcMayJulySeptNove

HKD 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 16.6079, compared to 16.3267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2813 points.

H1 Avg (Jan–Jun) 16.6079
H2 Avg (Jul–Dec) 16.3267

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.5344 JMD (High: 16.7710 / Low: 16.2365). On the other end, April was the most stable month, with a tight range of 0.1765 JMD (High: 16.6806 / Low: 16.5041).

October Spread (Volatile) ±0.5344
April Spread (Stable) ±0.1765

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2359 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 16.4094) against the same month in 2016 (average: 16.5349), the exchange rate shifted by -0.1255 (-0.76%).

2017 Avg (October) 16.4094
2016 Avg (October) 16.5349

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.6894 16.5073 16.6075
February 16.6777 16.4937 16.5919
March 16.6720 16.4016 16.5737
April 16.6806 16.5041 16.6085
May 16.7558 16.5260 16.6205
June 16.7424 16.5614 16.6454
July 16.6125 16.1805 16.4096
August 16.4738 16.2174 16.3309
September 16.7596 16.3239 16.6198
October 16.7710 16.2365 16.4094
November 16.3204 16.0218 16.1752
December 16.1185 15.9196 16.0154