YEARLY HIGH
0.1900 HNL
YEARLY LOW
0.1769 HNL
YEARLY AVERAGE
0.1829 HNL

2017 JMD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1900. Conversely, the yearly low was recorded on January 17, dropping to 0.1769.

This high-to-low spread represents a total annual volatility of 0.0131 HNL. From a start-to-finish perspective, comparing the January average rate of 0.1813 to the December average rate of 0.1889, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1900 was up 1.71% compared to the 2016 peak of 0.1868, 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 950 HNL
2016 Average 910 HNL
Yearly Trough Low 885 HNL
Transaction Impact: A difference of 65.33 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1898
0.1796
JanuMarcMayJulySeptNove

JMD to HNL 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 0.1817, compared to 0.1842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1817
H2 Avg (Jul–Dec) 0.1842

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0069 HNL (High: 0.1838 / Low: 0.1769). On the other end, February was the most stable month, with a tight range of 0.0014 HNL (High: 0.1836 / Low: 0.1823).

January Spread (Volatile) ±0.0069
February Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1889) against the same month in 2016 (average: 0.1810), the exchange rate shifted by +0.0080 (+4.40%).

2017 Avg (December) 0.1889
2016 Avg (December) 0.1810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1838 0.1769 0.1813
February 0.1836 0.1823 0.1829
March 0.1835 0.1809 0.1825
April 0.1825 0.1804 0.1816
May 0.1823 0.1798 0.1812
June 0.1810 0.1793 0.1805
July 0.1838 0.1799 0.1826
August 0.1837 0.1813 0.1828
September 0.1830 0.1787 0.1805
October 0.1859 0.1795 0.1835
November 0.1884 0.1855 0.1870
December 0.1900 0.1874 0.1889