YEARLY HIGH
0.1238 MVR
YEARLY LOW
0.1107 MVR
YEARLY AVERAGE
0.1203 MVR

2017 JMD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1238. Conversely, the yearly low was recorded on August 19, dropping to 0.1107.

This high-to-low spread represents a total annual volatility of 0.0131 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1193 to the December average rate of 0.1231, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1238 was down 3.09% compared to the 2016 peak of 0.1278, 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 619 MVR
2016 Average 610 MVR
Yearly Trough Low 554 MVR
Transaction Impact: A difference of 65.26 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1236
0.1183
JanuMarcMayJulySeptNove

JMD to MVR 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 0.1198, compared to 0.1208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1198
H2 Avg (Jul–Dec) 0.1208

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0111 MVR (High: 0.1218 / Low: 0.1107). On the other end, December was the most stable month, with a tight range of 0.0014 MVR (High: 0.1238 / Low: 0.1224).

August Spread (Volatile) ±0.0111
December Spread (Stable) ±0.0014

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 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1231) against the same month in 2016 (average: 0.1188), the exchange rate shifted by +0.0043 (+3.60%).

2017 Avg (December) 0.1231
2016 Avg (December) 0.1188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1202 0.1184 0.1193
February 0.1209 0.1191 0.1201
March 0.1218 0.1195 0.1204
April 0.1206 0.1188 0.1196
May 0.1206 0.1186 0.1195
June 0.1205 0.1189 0.1199
July 0.1223 0.1195 0.1208
August 0.1218 0.1107 0.1201
September 0.1207 0.1178 0.1187
October 0.1216 0.1176 0.1203
November 0.1226 0.1209 0.1216
December 0.1238 0.1224 0.1231