YEARLY HIGH
20.9904 JMD
YEARLY LOW
17.7196 JMD
YEARLY AVERAGE
19.4235 JMD

2017 HRK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HRK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 20.9904. Conversely, the yearly low was recorded on January 3, dropping to 17.7196.

This high-to-low spread represents a total annual volatility of 3.2708 JMD. From a start-to-finish perspective, comparing the January average rate of 18.1874 to the December average rate of 19.6735, the exchange rate registered a net change of 8.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 20.9904 was up 9.28% compared to the 2016 peak of 19.2087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104,952 JMD
2016 Average 91,942 JMD
Yearly Trough Low 88,598 JMD
Transaction Impact: A difference of 16,354.09 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

20.9957
17.9321
JanuMarcMayJulySeptNove

HRK 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 18.7749, compared to 20.0721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2973 points.

H1 Avg (Jan–Jun) 18.7749
H2 Avg (Jul–Dec) 20.0721

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.8910 JMD (High: 20.5530 / Low: 19.6620). On the other end, February was the most stable month, with a tight range of 0.4369 JMD (High: 18.6453 / Low: 18.2083).

October Spread (Volatile) ±0.8910
February Spread (Stable) ±0.4369

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.6926 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.6926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 20.7404) against the same month in 2016 (average: 19.0567), the exchange rate shifted by +1.6837 (+8.84%).

2017 Avg (September) 20.7404
2016 Avg (September) 19.0567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.5555 17.7196 18.1874
February 18.6453 18.2083 18.4098
March 18.8320 18.2722 18.5463
April 18.9442 18.3278 18.5652
May 19.6990 18.9302 19.2692
June 19.9595 19.5142 19.6714
July 20.2017 19.6821 19.9437
August 20.7793 20.2082 20.3852
September 20.9904 20.3374 20.7404
October 20.5530 19.6620 20.0478
November 19.9024 19.4335 19.6423
December 20.0979 19.4847 19.6735