YEARLY HIGH
2.6890 KZT
YEARLY LOW
2.3831 KZT
YEARLY AVERAGE
2.5423 KZT

2017 JMD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.6890. Conversely, the yearly low was recorded on May 28, dropping to 2.3831.

This high-to-low spread represents a total annual volatility of 0.3059 KZT. From a start-to-finish perspective, comparing the January average rate of 2.5697 to the December average rate of 2.6682, the exchange rate registered a net change of 3.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.6890 was down 15.65% compared to the 2016 peak of 3.1881, 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 13,445 KZT
2016 Average 13,680 KZT
Yearly Trough Low 11,915 KZT
Transaction Impact: A difference of 1,529.69 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6926
2.3998
JanuMarcMayJulySeptNove

JMD to KZT 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 2.4691, compared to 2.6156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1465 points.

H1 Avg (Jan–Jun) 2.4691
H2 Avg (Jul–Dec) 2.6156

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1275 KZT (High: 2.5241 / Low: 2.3966). On the other end, April was the most stable month, with a tight range of 0.0260 KZT (High: 2.4363 / Low: 2.4103).

June Spread (Volatile) ±0.1275
April Spread (Stable) ±0.0260

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0841 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0841

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.6682) against the same month in 2016 (average: 2.5938), the exchange rate shifted by +0.0744 (+2.87%).

2017 Avg (December) 2.6682
2016 Avg (December) 2.5938

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5928 2.5094 2.5697
February 2.5291 2.4200 2.4856
March 2.4747 2.4334 2.4555
April 2.4363 2.4103 2.4242
May 2.4631 2.3831 2.4249
June 2.5241 2.3966 2.4547
July 2.5772 2.4833 2.5371
August 2.6378 2.5820 2.6076
September 2.6675 2.5965 2.6174
October 2.6793 2.6069 2.6320
November 2.6496 2.6122 2.6314
December 2.6890 2.6388 2.6682