YEARLY HIGH
9.5715 IQD
YEARLY LOW
8.9097 IQD
YEARLY AVERAGE
9.1431 IQD

2017 JMD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 9.5715. Conversely, the yearly low was recorded on September 21, dropping to 8.9097.

This high-to-low spread represents a total annual volatility of 0.6618 IQD. From a start-to-finish perspective, comparing the January average rate of 9.1659 to the December average rate of 9.5134, the exchange rate registered a net change of 3.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 9.5715 was up 0.95% compared to the 2016 peak of 9.4814, 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 47,858 IQD
2016 Average 45,540 IQD
Yearly Trough Low 44,548 IQD
Transaction Impact: A difference of 3,309.21 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

9.5646
8.9500
JanuMarcMayJulySeptNove

JMD to IQD 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 9.0965, compared to 9.1898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0934 points.

H1 Avg (Jan–Jun) 9.0965
H2 Avg (Jul–Dec) 9.1898

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.2724 IQD (High: 9.4579 / Low: 9.1855). On the other end, January was the most stable month, with a tight range of 0.1250 IQD (High: 9.2163 / Low: 9.0913).

November Spread (Volatile) ±0.2724
January Spread (Stable) ±0.1250

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 0.1188 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 9.5134) against the same month in 2016 (average: 9.1243), the exchange rate shifted by +0.3891 (+4.26%).

2017 Avg (December) 9.5134
2016 Avg (December) 9.1243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.2163 9.0913 9.1659
February 9.2951 9.1263 9.1763
March 9.1900 9.0241 9.1274
April 9.1834 9.0014 9.0731
May 9.1807 8.9376 9.0348
June 9.1313 8.9180 9.0012
July 9.2456 8.9855 9.1077
August 9.2737 9.0438 9.1379
September 9.1602 8.9097 9.0192
October 9.2192 8.9683 9.1179
November 9.4579 9.1855 9.2427
December 9.5715 9.4246 9.5134