2017 JMD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JMD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 286.4782. Conversely, the yearly low was recorded on January 6, dropping to 232.4176.
This high-to-low spread represents a total annual volatility of 54.0606 IRR. From a start-to-finish perspective, comparing the January average rate of 246.1684 to the December average rate of 281.7446, the exchange rate registered a net change of 14.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 286.4782 was up 14.57% compared to the 2016 peak of 250.0541, 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 IRR 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 250.3300, compared to 264.9611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.6311 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 20.5516 IRR (High: 252.9691 / Low: 232.4176). On the other end, June was the most stable month, with a tight range of 2.2585 IRR (High: 251.0992 / Low: 248.8406).
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 August and September, when the average rate fell by 0.6994 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 281.7446) against the same month in 2016 (average: 233.3182), the exchange rate shifted by +48.4264 (+20.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 252.9691 | 232.4176 | 246.1684 |
| February | 253.0382 | 250.3484 | 251.6609 |
| March | 254.6357 | 250.3425 | 251.9696 |
| April | 252.6934 | 250.1190 | 251.3113 |
| May | 252.2809 | 248.5597 | 250.7739 |
| June | 251.0992 | 248.8406 | 250.0958 |
| July | 258.3507 | 250.3410 | 254.4828 |
| August | 259.2053 | 254.0722 | 257.2219 |
| September | 259.9937 | 254.5517 | 256.5225 |
| October | 272.2187 | 255.6092 | 264.9807 |
| November | 277.9072 | 271.5687 | 274.8140 |
| December | 286.4782 | 276.7328 | 281.7446 |