2017 JMD to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JMD to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JMD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 24.2453. Conversely, the yearly low was recorded on April 23, dropping to 21.8899.
This high-to-low spread represents a total annual volatility of 2.3554 COP. From a start-to-finish perspective, comparing the January average rate of 22.8113 to the December average rate of 23.8888, the exchange rate registered a net change of 4.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 24.2453 was down 13.88% compared to the 2016 peak of 28.1524, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
JMD to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.6207, compared to 23.3709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7502 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 1.3997 COP (High: 23.9514 / Low: 22.5517). On the other end, December was the most stable month, with a tight range of 0.5382 COP (High: 24.2453 / Low: 23.7071).
Growth Streaks & Declines
TrendsBetween April and July, 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 0.7946 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 23.8888) against the same month in 2016 (average: 23.3618), the exchange rate shifted by +0.5270 (+2.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.3048 | 22.4664 | 22.8113 |
| February | 22.6721 | 22.1108 | 22.3490 |
| March | 23.3459 | 22.2405 | 22.8438 |
| April | 22.7549 | 21.8899 | 22.2909 |
| May | 23.1905 | 22.2939 | 22.6080 |
| June | 23.5527 | 22.1761 | 22.8209 |
| July | 24.0337 | 23.4049 | 23.6757 |
| August | 23.6304 | 22.7991 | 23.2557 |
| September | 23.0960 | 22.1110 | 22.4611 |
| October | 23.9514 | 22.5517 | 23.0879 |
| November | 24.2011 | 23.4784 | 23.8563 |
| December | 24.2453 | 23.7071 | 23.8888 |