YEARLY HIGH
1.2332 LKR
YEARLY LOW
1.1514 LKR
YEARLY AVERAGE
1.1883 LKR

2017 JMD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.2332. Conversely, the yearly low was recorded on January 5, dropping to 1.1514.

This high-to-low spread represents a total annual volatility of 0.0818 LKR. From a start-to-finish perspective, comparing the January average rate of 1.1641 to the December average rate of 1.2243, the exchange rate registered a net change of 5.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.2332 was up 0.73% compared to the 2016 peak of 1.2242, 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 6,166 LKR
2016 Average 5,844 LKR
Yearly Trough Low 5,757 LKR
Transaction Impact: A difference of 408.84 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.2303
1.1581
JanuMarcMayJulySeptNove

JMD to LKR 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 1.1747, compared to 1.2020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0273 points.

H1 Avg (Jan–Jun) 1.1747
H2 Avg (Jul–Dec) 1.2020

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0346 LKR (High: 1.2103 / Low: 1.1757). On the other end, May was the most stable month, with a tight range of 0.0086 LKR (High: 1.1809 / Low: 1.1723).

October Spread (Volatile) ±0.0346
May Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between January and April, 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 0.0180 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1.2243) against the same month in 2016 (average: 1.1571), the exchange rate shifted by +0.0671 (+5.80%).

2017 Avg (December) 1.2243
2016 Avg (December) 1.1571

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1697 1.1514 1.1641
February 1.1840 1.1636 1.1729
March 1.1837 1.1669 1.1775
April 1.1812 1.1726 1.1785
May 1.1809 1.1723 1.1775
June 1.1869 1.1724 1.1776
July 1.2033 1.1842 1.1968
August 1.2029 1.1858 1.1968
September 1.1944 1.1668 1.1788
October 1.2103 1.1757 1.1990
November 1.2234 1.2095 1.2162
December 1.2332 1.2141 1.2243