YEARLY HIGH
0.0675 NOK
YEARLY LOW
0.0597 NOK
YEARLY AVERAGE
0.0644 NOK

2017 JMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0675. Conversely, the yearly low was recorded on September 8, dropping to 0.0597.

This high-to-low spread represents a total annual volatility of 0.0078 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0657 to the December average rate of 0.0664, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0675 was down 9.37% compared to the 2016 peak of 0.0745, 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 337 NOK
2016 Average 336 NOK
Yearly Trough Low 298 NOK
Transaction Impact: A difference of 38.98 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0672
0.0597
JanuMarcMayJulySeptNove

JMD to NOK 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 0.0657, compared to 0.0632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0657
H2 Avg (Jul–Dec) 0.0632

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0035 NOK (High: 0.0644 / Low: 0.0608). On the other end, June was the most stable month, with a tight range of 0.0012 NOK (High: 0.0658 / Low: 0.0646).

October Spread (Volatile) ±0.0035
June Spread (Stable) ±0.0012

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 July and August, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0664) against the same month in 2016 (average: 0.0665), the exchange rate shifted by -0.0001 (-0.12%).

2017 Avg (December) 0.0664
2016 Avg (December) 0.0665

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0672 0.0642 0.0657
February 0.0653 0.0637 0.0647
March 0.0672 0.0654 0.0661
April 0.0674 0.0660 0.0666
May 0.0675 0.0642 0.0657
June 0.0658 0.0646 0.0652
July 0.0651 0.0618 0.0636
August 0.0625 0.0603 0.0618
September 0.0612 0.0597 0.0603
October 0.0644 0.0608 0.0625
November 0.0665 0.0640 0.0648
December 0.0675 0.0657 0.0664