YEARLY HIGH
0.8502 NPR
YEARLY LOW
0.7839 NPR
YEARLY AVERAGE
0.8119 NPR

2017 JMD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.8502. Conversely, the yearly low was recorded on September 18, dropping to 0.7839.

This high-to-low spread represents a total annual volatility of 0.0663 NPR. From a start-to-finish perspective, comparing the January average rate of 0.8455 to the December average rate of 0.8214, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8502 was down 6.29% compared to the 2016 peak of 0.9073, 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 4,251 NPR
2016 Average 4,297 NPR
Yearly Trough Low 3,920 NPR
Transaction Impact: A difference of 331.48 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8507
0.7883
JanuMarcMayJulySeptNove

JMD to NPR 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 0.8145, compared to 0.8093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.8145
H2 Avg (Jul–Dec) 0.8093

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0256 NPR (High: 0.8310 / Low: 0.8054). On the other end, December was the most stable month, with a tight range of 0.0058 NPR (High: 0.8243 / Low: 0.8185).

March Spread (Volatile) ±0.0256
December Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between September and November, 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 March and April, when the average rate fell by 0.0186 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.8455) against the same month in 2016 (average: 0.8936), the exchange rate shifted by -0.0482 (-5.39%).

2017 Avg (January) 0.8455
2016 Avg (January) 0.8936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8502 0.8417 0.8455
February 0.8395 0.8278 0.8327
March 0.8310 0.8054 0.8188
April 0.8084 0.7951 0.8002
May 0.8018 0.7922 0.7961
June 0.7982 0.7898 0.7935
July 0.8101 0.7982 0.8039
August 0.8059 0.7944 0.8010
September 0.8093 0.7839 0.7947
October 0.8203 0.8022 0.8130
November 0.8294 0.8132 0.8216
December 0.8243 0.8185 0.8214