2017 JMD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JMD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JMD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 73.6864. Conversely, the yearly low was recorded on September 18, dropping to 68.4732.
This high-to-low spread represents a total annual volatility of 5.2132 GNF. From a start-to-finish perspective, comparing the January average rate of 72.7082 to the December average rate of 72.0775, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 73.6864 was up 0.05% compared to the 2016 peak of 73.6505, 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 GNF 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 71.7534, compared to 70.4870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2664 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 2.3987 GNF (High: 72.3479 / Low: 69.9493). On the other end, December was the most stable month, with a tight range of 0.9310 GNF (High: 72.4958 / Low: 71.5648).
Growth Streaks & Declines
TrendsBetween 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 0.9921 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 72.7082) against the same month in 2016 (average: 64.2190), the exchange rate shifted by +8.4892 (+13.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.6864 | 71.2926 | 72.7082 |
| February | 73.1333 | 71.5918 | 72.8255 |
| March | 73.0573 | 71.3897 | 72.4821 |
| April | 72.3479 | 69.9493 | 71.8140 |
| May | 72.0186 | 69.8930 | 70.8219 |
| June | 70.3304 | 69.0304 | 69.8687 |
| July | 70.9758 | 69.6145 | 70.3010 |
| August | 70.5595 | 69.3570 | 69.9389 |
| September | 70.3661 | 68.4732 | 69.0557 |
| October | 71.1059 | 68.8778 | 70.1302 |
| November | 71.9807 | 70.7443 | 71.4190 |
| December | 72.4958 | 71.5648 | 72.0775 |