YEARLY HIGH
0.0311 QAR
YEARLY LOW
0.0279 QAR
YEARLY AVERAGE
0.0287 QAR

2017 JMD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.0311. Conversely, the yearly low was recorded on May 27, dropping to 0.0279.

This high-to-low spread represents a total annual volatility of 0.0032 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0283 to the December average rate of 0.0293, the exchange rate registered a net change of 3.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0311 was up 2.57% compared to the 2016 peak of 0.0304, 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 156 QAR
2016 Average 146 QAR
Yearly Trough Low 139 QAR
Transaction Impact: A difference of 16.22 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0304
0.0279
JanuMarcMayJulySeptNove

JMD to QAR 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 0.0283, compared to 0.0291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0283
H2 Avg (Jul–Dec) 0.0291

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0023 QAR (High: 0.0311 / Low: 0.0289). On the other end, April was the most stable month, with a tight range of 0.0003 QAR (High: 0.0284 / Low: 0.0281).

November Spread (Volatile) ±0.0023
April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and August, 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 November and December, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0302) against the same month in 2016 (average: 0.0282), the exchange rate shifted by +0.0020 (+6.94%).

2017 Avg (November) 0.0302
2016 Avg (November) 0.0282

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0284 0.0281 0.0283
February 0.0284 0.0281 0.0283
March 0.0286 0.0281 0.0283
April 0.0284 0.0281 0.0282
May 0.0283 0.0279 0.0281
June 0.0293 0.0279 0.0283
July 0.0290 0.0281 0.0286
August 0.0289 0.0284 0.0286
September 0.0289 0.0279 0.0285
October 0.0299 0.0280 0.0292
November 0.0311 0.0289 0.0302
December 0.0296 0.0289 0.0293