YEARLY HIGH
0.5324 INR
YEARLY LOW
0.4902 INR
YEARLY AVERAGE
0.5075 INR

2017 JMD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.5324. Conversely, the yearly low was recorded on September 17, dropping to 0.4902.

This high-to-low spread represents a total annual volatility of 0.0422 INR. From a start-to-finish perspective, comparing the January average rate of 0.5285 to the December average rate of 0.5132, the exchange rate registered a net change of -2.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5324 was down 6.19% compared to the 2016 peak of 0.5675, 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 2,662 INR
2016 Average 2,686 INR
Yearly Trough Low 2,451 INR
Transaction Impact: A difference of 210.77 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5317
0.4928
JanuMarcMayJulySeptNove

JMD to INR 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 0.5091, compared to 0.5058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.5091
H2 Avg (Jul–Dec) 0.5058

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0226 INR (High: 0.5230 / Low: 0.5004). On the other end, December was the most stable month, with a tight range of 0.0062 INR (High: 0.5158 / Low: 0.5096).

March Spread (Volatile) ±0.0226
December Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0120 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.5285) against the same month in 2016 (average: 0.5585), the exchange rate shifted by -0.0300 (-5.38%).

2017 Avg (January) 0.5285
2016 Avg (January) 0.5585

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5324 0.5256 0.5285
February 0.5238 0.5154 0.5201
March 0.5230 0.5004 0.5119
April 0.5066 0.4952 0.4999
May 0.5012 0.4942 0.4978
June 0.5010 0.4935 0.4966
July 0.5091 0.4987 0.5029
August 0.5046 0.4944 0.5009
September 0.5047 0.4902 0.4961
October 0.5121 0.4985 0.5080
November 0.5217 0.5071 0.5138
December 0.5158 0.5096 0.5132