YEARLY HIGH
0.0107 CAD
YEARLY LOW
0.0093 CAD
YEARLY AVERAGE
0.0101 CAD

2017 JMD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0107. Conversely, the yearly low was recorded on September 16, dropping to 0.0093.

This high-to-low spread represents a total annual volatility of 0.0014 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0102, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0107 was down 11.88% compared to the 2016 peak of 0.0121, 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 53 CAD
2016 Average 53 CAD
Yearly Trough Low 47 CAD
Transaction Impact: A difference of 6.83 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0106
0.0094
JanuMarcMayJulySeptNove

JMD to CAD 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 0.0103, compared to 0.0099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0103
H2 Avg (Jul–Dec) 0.0099

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0006 CAD (High: 0.0102 / Low: 0.0095). On the other end, March was the most stable month, with a tight range of 0.0002 CAD (High: 0.0105 / Low: 0.0103).

October Spread (Volatile) ±0.0006
March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0105) against the same month in 2016 (average: 0.0105), the exchange rate shifted by +0.0000 (+0.38%).

2017 Avg (May) 0.0105
2016 Avg (May) 0.0105

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0104 0.0101 0.0103
February 0.0103 0.0101 0.0102
March 0.0105 0.0103 0.0104
April 0.0106 0.0103 0.0104
May 0.0107 0.0103 0.0105
June 0.0104 0.0100 0.0103
July 0.0101 0.0098 0.0099
August 0.0100 0.0097 0.0099
September 0.0097 0.0093 0.0095
October 0.0102 0.0095 0.0098
November 0.0103 0.0100 0.0101
December 0.0103 0.0101 0.0102