YEARLY HIGH
1.3353 JMD
YEARLY LOW
1.0966 JMD
YEARLY AVERAGE
1.2048 JMD

2017 ISK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 1.3353. Conversely, the yearly low was recorded on January 11, dropping to 1.0966.

This high-to-low spread represents a total annual volatility of 0.2387 JMD. From a start-to-finish perspective, comparing the January average rate of 1.1276 to the December average rate of 1.1940, the exchange rate registered a net change of 5.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3353 was up 14.19% compared to the 2016 peak of 1.1694, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,676 JMD
2016 Average 5,199 JMD
Yearly Trough Low 5,483 JMD
Transaction Impact: A difference of 1,193.39 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3032
1.1116
JanuMarcMayJulySeptNove

ISK 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 1.1967, compared to 1.2130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 1.1967
H2 Avg (Jul–Dec) 1.2130

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1020 JMD (High: 1.3353 / Low: 1.2333). On the other end, September was the most stable month, with a tight range of 0.0286 JMD (High: 1.2349 / Low: 1.2064).

June Spread (Volatile) ±0.1020
September Spread (Stable) ±0.0286

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0580 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 1.2872) against the same month in 2016 (average: 1.0161), the exchange rate shifted by +0.2711 (+26.67%).

2017 Avg (June) 1.2872
2016 Avg (June) 1.0161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1467 1.0966 1.1276
February 1.2061 1.1225 1.1557
March 1.2075 1.1393 1.1788
April 1.2222 1.1317 1.1707
May 1.3129 1.2152 1.2601
June 1.3353 1.2333 1.2872
July 1.2699 1.1861 1.2292
August 1.2258 1.1665 1.2068
September 1.2349 1.2064 1.2211
October 1.2339 1.1939 1.2143
November 1.2291 1.1941 1.2126
December 1.2162 1.1757 1.1940