YEARLY HIGH
0.8890 PKR
YEARLY LOW
0.8004 PKR
YEARLY AVERAGE
0.8207 PKR

2017 JMD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.8890. Conversely, the yearly low was recorded on June 3, dropping to 0.8004.

This high-to-low spread represents a total annual volatility of 0.0885 PKR. From a start-to-finish perspective, comparing the January average rate of 0.8123 to the December average rate of 0.8688, the exchange rate registered a net change of 6.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8890 was up 1.70% compared to the 2016 peak of 0.8741, 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 4,445 PKR
2016 Average 4,188 PKR
Yearly Trough Low 4,002 PKR
Transaction Impact: A difference of 442.68 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8750
0.8004
JanuMarcMayJulySeptNove

JMD to PKR 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 0.8114, compared to 0.8301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.8114
H2 Avg (Jul–Dec) 0.8301

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0507 PKR (High: 0.8890 / Low: 0.8383). On the other end, March was the most stable month, with a tight range of 0.0063 PKR (High: 0.8167 / Low: 0.8104).

December Spread (Volatile) ±0.0507
March Spread (Stable) ±0.0063

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 0.0112 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.8688) against the same month in 2016 (average: 0.8129), the exchange rate shifted by +0.0558 (+6.87%).

2017 Avg (December) 0.8688
2016 Avg (December) 0.8129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8138 0.8058 0.8123
February 0.8184 0.8103 0.8141
March 0.8167 0.8104 0.8136
April 0.8156 0.8081 0.8121
May 0.8138 0.8039 0.8094
June 0.8092 0.8004 0.8066
July 0.8248 0.8089 0.8203
August 0.8278 0.8167 0.8234
September 0.8243 0.8045 0.8122
October 0.8294 0.8084 0.8222
November 0.8415 0.8286 0.8338
December 0.8890 0.8383 0.8688