YEARLY HIGH
2.8695 MRO
YEARLY LOW
2.7526 MRO
YEARLY AVERAGE
2.8050 MRO

2017 JMD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 2.8695. Conversely, the yearly low was recorded on June 3, dropping to 2.7526.

This high-to-low spread represents a total annual volatility of 0.1169 MRO. From a start-to-finish perspective, comparing the January average rate of 2.7839 to the December average rate of 2.8398, the exchange rate registered a net change of 2.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.8695 was down 0.31% compared to the 2016 peak of 2.8786, 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 14,348 MRO
2016 Average 14,031 MRO
Yearly Trough Low 13,763 MRO
Transaction Impact: A difference of 584.46 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.8530
2.7685
JanuMarcMayJulySeptNove

JMD to MRO 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 2.7849, compared to 2.8250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0401 points.

H1 Avg (Jan–Jun) 2.7849
H2 Avg (Jul–Dec) 2.8250

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0912 MRO (High: 2.8695 / Low: 2.7783). On the other end, March was the most stable month, with a tight range of 0.0252 MRO (High: 2.7973 / Low: 2.7721).

October Spread (Volatile) ±0.0912
March Spread (Stable) ±0.0252

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0326 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 2.8191) against the same month in 2016 (average: 2.7796), the exchange rate shifted by +0.0395 (+1.42%).

2017 Avg (October) 2.8191
2016 Avg (October) 2.7796

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7963 2.7696 2.7839
February 2.8037 2.7758 2.7885
March 2.7973 2.7721 2.7912
April 2.8004 2.7713 2.7894
May 2.7925 2.7669 2.7811
June 2.7930 2.7526 2.7755
July 2.8431 2.7791 2.8211
August 2.8596 2.8183 2.8460
September 2.8532 2.7888 2.8134
October 2.8695 2.7783 2.8191
November 2.8237 2.7933 2.8108
December 2.8540 2.8246 2.8398