YEARLY HIGH
10.9544 MMK
YEARLY LOW
10.3054 MMK
YEARLY AVERAGE
10.6098 MMK

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 54,772 MMK
2016 Average 49,398 MMK
Yearly Trough Low 51,527 MMK
Transaction Impact: A difference of 3,244.65 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.8936
10.4428
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 10.5564
H2 Avg (Jul–Dec) 10.6632

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±0.3053
April Spread (Stable) ±0.1437

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 0.1666 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1666

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (December) 10.8560
2016 Avg (December) 10.4716

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