YEARLY HIGH
14.1578 BIF
YEARLY LOW
12.9602 BIF
YEARLY AVERAGE
13.4276 BIF

2017 JMD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 14.1578. Conversely, the yearly low was recorded on January 19, dropping to 12.9602.

This high-to-low spread represents a total annual volatility of 1.1976 BIF. From a start-to-finish perspective, comparing the January average rate of 13.0416 to the December average rate of 14.0561, the exchange rate registered a net change of 7.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.1578 was up 5.11% compared to the 2016 peak of 13.4689, 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 70,789 BIF
2016 Average 64,613 BIF
Yearly Trough Low 64,801 BIF
Transaction Impact: A difference of 5,987.84 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

14.1575
12.9402
JanuMarcMayJulySeptNove

JMD to BIF 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 13.1602, compared to 13.6951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5349 points.

H1 Avg (Jan–Jun) 13.1602
H2 Avg (Jul–Dec) 13.6951

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.5397 BIF (High: 13.9201 / Low: 13.3804). On the other end, April was the most stable month, with a tight range of 0.1665 BIF (High: 13.2652 / Low: 13.0987).

October Spread (Volatile) ±0.5397
April Spread (Stable) ±0.1665

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1677 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1677

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 14.0561) against the same month in 2016 (average: 12.9981), the exchange rate shifted by +1.0580 (+8.14%).

2017 Avg (December) 14.0561
2016 Avg (December) 12.9981

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.2037 12.9602 13.0416
February 13.2749 13.0886 13.1510
March 13.4249 13.1034 13.1793
April 13.2652 13.0987 13.1456
May 13.3456 13.0220 13.1592
June 13.3411 13.1728 13.2845
July 13.6185 13.1861 13.4628
August 13.6999 13.5264 13.6104
September 13.6434 13.3132 13.4428
October 13.9201 13.3804 13.6927
November 14.0764 13.7837 13.9058
December 14.1578 13.9509 14.0561