2017 JMD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 JMD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the JMD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 10.9544. Conversely, the yearly low was recorded on September 18, dropping to 10.3054.
This high-to-low spread represents a total annual volatility of 0.6489 MMK. From a start-to-finish perspective, comparing the January average rate of 10.5342 to the December average rate of 10.8560, the exchange rate registered a net change of 3.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 10.9544 was up 0.46% compared to the 2016 peak of 10.9042, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
JMD to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.5564, compared to 10.6632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1068 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 0.3053 MMK (High: 10.7750 / Low: 10.4697). On the other end, April was the most stable month, with a tight range of 0.1437 MMK (High: 10.6155 / Low: 10.4718).
Growth Streaks & Declines
TrendsBetween 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 0.1666 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 10.8560) against the same month in 2016 (average: 10.4716), the exchange rate shifted by +0.3844 (+3.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.6126 | 10.4384 | 10.5342 |
| February | 10.7087 | 10.5017 | 10.6300 |
| March | 10.7757 | 10.5167 | 10.6166 |
| April | 10.6155 | 10.4718 | 10.5340 |
| May | 10.6165 | 10.4552 | 10.5316 |
| June | 10.5937 | 10.3962 | 10.4923 |
| July | 10.7575 | 10.4795 | 10.6322 |
| August | 10.7224 | 10.5274 | 10.6470 |
| September | 10.6010 | 10.3054 | 10.4803 |
| October | 10.7750 | 10.4697 | 10.6323 |
| November | 10.8449 | 10.6365 | 10.7313 |
| December | 10.9544 | 10.7772 | 10.8560 |