YEARLY HIGH
0.9119 ISK
YEARLY LOW
0.7489 ISK
YEARLY AVERAGE
0.8312 ISK

2017 JMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.9119. Conversely, the yearly low was recorded on June 3, dropping to 0.7489.

This high-to-low spread represents a total annual volatility of 0.1630 ISK. From a start-to-finish perspective, comparing the January average rate of 0.8870 to the December average rate of 0.8376, the exchange rate registered a net change of -5.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9119 was down 16.27% compared to the 2016 peak of 1.0891, 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 4,560 ISK
2016 Average 4,835 ISK
Yearly Trough Low 3,745 ISK
Transaction Impact: A difference of 814.99 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8980
0.7664
JanuMarcMayJulySeptNove

JMD to ISK 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 0.8379, compared to 0.8246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.8379
H2 Avg (Jul–Dec) 0.8246

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0655 ISK (High: 0.8836 / Low: 0.8182). On the other end, September was the most stable month, with a tight range of 0.0192 ISK (High: 0.8289 / Low: 0.8098).

April Spread (Volatile) ±0.0655
September Spread (Stable) ±0.0192

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 April and May, when the average rate fell by 0.0604 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.8870) against the same month in 2016 (average: 1.0788), the exchange rate shifted by -0.1918 (-17.78%).

2017 Avg (January) 0.8870
2016 Avg (January) 1.0788

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9119 0.8720 0.8870
February 0.8909 0.8291 0.8656
March 0.8777 0.8282 0.8485
April 0.8836 0.8182 0.8546
May 0.8229 0.7617 0.7942
June 0.8108 0.7489 0.7773
July 0.8431 0.7874 0.8137
August 0.8573 0.8158 0.8288
September 0.8289 0.8098 0.8190
October 0.8376 0.8104 0.8236
November 0.8375 0.8136 0.8247
December 0.8505 0.8222 0.8376