YEARLY HIGH
0.0792 MAD
YEARLY LOW
0.0714 MAD
YEARLY AVERAGE
0.0756 MAD

2017 JMD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0792. Conversely, the yearly low was recorded on September 18, dropping to 0.0714.

This high-to-low spread represents a total annual volatility of 0.0078 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0781 to the December average rate of 0.0753, the exchange rate registered a net change of -3.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0792 was down 4.56% compared to the 2016 peak of 0.0830, 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 396 MAD
2016 Average 392 MAD
Yearly Trough Low 357 MAD
Transaction Impact: A difference of 39.22 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0788
0.0715
JanuMarcMayJulySeptNove

JMD to MAD 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 0.0772, compared to 0.0741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0772
H2 Avg (Jul–Dec) 0.0741

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0026 MAD (High: 0.0748 / Low: 0.0723). On the other end, December was the most stable month, with a tight range of 0.0010 MAD (High: 0.0757 / Low: 0.0748).

October Spread (Volatile) ±0.0026
December Spread (Stable) ±0.0010

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 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0781) against the same month in 2016 (average: 0.0822), the exchange rate shifted by -0.0041 (-5.01%).

2017 Avg (January) 0.0781
2016 Avg (January) 0.0822

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0792 0.0774 0.0781
February 0.0786 0.0773 0.0782
March 0.0789 0.0770 0.0780
April 0.0783 0.0765 0.0777
May 0.0768 0.0749 0.0760
June 0.0755 0.0744 0.0751
July 0.0756 0.0742 0.0748
August 0.0745 0.0725 0.0739
September 0.0732 0.0714 0.0721
October 0.0748 0.0723 0.0738
November 0.0753 0.0742 0.0749
December 0.0757 0.0748 0.0753