YEARLY HIGH
0.0117 NZD
YEARLY LOW
0.0104 NZD
YEARLY AVERAGE
0.0110 NZD

2017 JMD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0117. Conversely, the yearly low was recorded on July 27, dropping to 0.0104.

This high-to-low spread represents a total annual volatility of 0.0013 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0109 to the December average rate of 0.0115, the exchange rate registered a net change of 5.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0117 was down 10.12% compared to the 2016 peak of 0.0130, 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 58 NZD
2016 Average 57 NZD
Yearly Trough Low 52 NZD
Transaction Impact: A difference of 6.47 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0116
0.0105
JanuMarcMayJulySeptNove

JMD to NZD 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 0.0109, compared to 0.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0109
H2 Avg (Jul–Dec) 0.0110

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0009 NZD (High: 0.0115 / Low: 0.0106). On the other end, February was the most stable month, with a tight range of 0.0002 NZD (High: 0.0108 / Low: 0.0106).

October Spread (Volatile) ±0.0009
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0115) against the same month in 2016 (average: 0.0108), the exchange rate shifted by +0.0007 (+6.09%).

2017 Avg (November) 0.0115
2016 Avg (November) 0.0108

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0112 0.0106 0.0109
February 0.0108 0.0106 0.0108
March 0.0113 0.0109 0.0111
April 0.0112 0.0110 0.0111
May 0.0113 0.0108 0.0111
June 0.0109 0.0105 0.0107
July 0.0108 0.0104 0.0106
August 0.0109 0.0105 0.0107
September 0.0109 0.0104 0.0106
October 0.0115 0.0106 0.0111
November 0.0117 0.0114 0.0115
December 0.0117 0.0113 0.0115