YEARLY HIGH
0.2200 ETB
YEARLY LOW
0.1732 ETB
YEARLY AVERAGE
0.1869 ETB

2017 JMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2200. Conversely, the yearly low was recorded on January 5, dropping to 0.1732.

This high-to-low spread represents a total annual volatility of 0.0468 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1752 to the December average rate of 0.2187, the exchange rate registered a net change of 24.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2200 was up 24.17% compared to the 2016 peak of 0.1772, 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 1,100 ETB
2016 Average 873 ETB
Yearly Trough Low 866 ETB
Transaction Impact: A difference of 234.10 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2230
0.1708
JanuMarcMayJulySeptNove

JMD to ETB 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 0.1768, compared to 0.1970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0203 points.

H1 Avg (Jan–Jun) 0.1768
H2 Avg (Jul–Dec) 0.1970

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0346 ETB (High: 0.2151 / Low: 0.1805). On the other end, March was the most stable month, with a tight range of 0.0022 ETB (High: 0.1781 / Low: 0.1759).

October Spread (Volatile) ±0.0346
March Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0017 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.2187) against the same month in 2016 (average: 0.1737), the exchange rate shifted by +0.0449 (+25.85%).

2017 Avg (December) 0.2187
2016 Avg (December) 0.1737

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1767 0.1732 0.1752
February 0.1775 0.1739 0.1761
March 0.1781 0.1759 0.1766
April 0.1785 0.1759 0.1770
May 0.1799 0.1766 0.1777
June 0.1795 0.1766 0.1779
July 0.1833 0.1792 0.1813
August 0.1840 0.1812 0.1827
September 0.1835 0.1791 0.1810
October 0.2151 0.1805 0.2021
November 0.2187 0.2146 0.2163
December 0.2200 0.2165 0.2187