YEARLY HIGH
286.4782 IRR
YEARLY LOW
232.4176 IRR
YEARLY AVERAGE
257.6455 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 1,432,391 IRR
2016 Average 1,205,597 IRR
Yearly Trough Low 1,162,088 IRR
Transaction Impact: A difference of 270,303.13 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

285.3022
242.6107
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 250.3300
H2 Avg (Jul–Dec) 264.9611

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±20.5516
June Spread (Stable) ±2.2585

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 0.6994 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6994

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (December) 281.7446
2016 Avg (December) 233.3182

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