YEARLY HIGH
0.0146 BAM
YEARLY LOW
0.0125 BAM
YEARLY AVERAGE
0.0135 BAM

2017 JMD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0146. Conversely, the yearly low was recorded on September 20, dropping to 0.0125.

This high-to-low spread represents a total annual volatility of 0.0021 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0143 to the December average rate of 0.0132, the exchange rate registered a net change of -7.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0146 was down 3.28% compared to the 2016 peak of 0.0151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73 BAM
2016 Average 71 BAM
Yearly Trough Low 62 BAM
Transaction Impact: A difference of 10.72 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0145
0.0125
JanuMarcMayJulySeptNove

JMD to BAM 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 0.0140, compared to 0.0130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0140
H2 Avg (Jul–Dec) 0.0130

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0006 BAM (High: 0.0140 / Low: 0.0134). On the other end, December was the most stable month, with a tight range of 0.0002 BAM (High: 0.0133 / Low: 0.0131).

May Spread (Volatile) ±0.0006
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0143) against the same month in 2016 (average: 0.0149), the exchange rate shifted by -0.0007 (-4.38%).

2017 Avg (January) 0.0143
2016 Avg (January) 0.0149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0141 0.0143
February 0.0144 0.0140 0.0143
March 0.0144 0.0140 0.0142
April 0.0143 0.0138 0.0141
May 0.0140 0.0134 0.0137
June 0.0135 0.0132 0.0134
July 0.0134 0.0131 0.0132
August 0.0131 0.0127 0.0130
September 0.0129 0.0125 0.0126
October 0.0132 0.0127 0.0130
November 0.0134 0.0130 0.0132
December 0.0133 0.0131 0.0132