YEARLY HIGH
26.2973 MGA
YEARLY LOW
22.5265 MGA
YEARLY AVERAGE
24.3449 MGA

2017 JMD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 26.2973. Conversely, the yearly low was recorded on July 6, dropping to 22.5265.

This high-to-low spread represents a total annual volatility of 3.7708 MGA. From a start-to-finish perspective, comparing the January average rate of 25.4757 to the December average rate of 25.7861, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 26.2973 was down 2.06% compared to the 2016 peak of 26.8507, 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 131,487 MGA
2016 Average 127,076 MGA
Yearly Trough Low 112,633 MGA
Transaction Impact: A difference of 18,854.07 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

26.0635
22.7346
JanuMarcMayJulySeptNove

JMD to MGA 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 24.6377, compared to 24.0522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5855 points.

H1 Avg (Jan–Jun) 24.6377
H2 Avg (Jul–Dec) 24.0522

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 1.8067 MGA (High: 25.6039 / Low: 23.7972). On the other end, August was the most stable month, with a tight range of 0.6166 MGA (High: 23.4455 / Low: 22.8289).

March Spread (Volatile) ±1.8067
August Spread (Stable) ±0.6166

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 June and July, when the average rate fell by 1.0480 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0480

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 25.4757) against the same month in 2016 (average: 26.6567), the exchange rate shifted by -1.1809 (-4.43%).

2017 Avg (January) 25.4757
2016 Avg (January) 26.6567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.2973 24.7890 25.4757
February 24.9778 23.7992 24.4809
March 25.6039 23.7972 24.7606
April 25.4405 24.5403 24.7959
May 24.8159 23.5782 24.1788
June 24.8173 23.3501 24.1341
July 23.7189 22.5265 23.0861
August 23.4455 22.8289 23.2134
September 23.3965 22.6809 23.0120
October 24.8627 23.2414 24.0384
November 25.6474 24.9357 25.1773
December 26.2162 25.2922 25.7861