YEARLY HIGH
0.0711 SEK
YEARLY LOW
0.0608 SEK
YEARLY AVERAGE
0.0666 SEK

2017 JMD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0711. Conversely, the yearly low was recorded on September 18, dropping to 0.0608.

This high-to-low spread represents a total annual volatility of 0.0104 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0695 to the December average rate of 0.0670, the exchange rate registered a net change of -3.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0711 was down 2.30% compared to the 2016 peak of 0.0728, 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 356 SEK
2016 Average 342 SEK
Yearly Trough Low 304 SEK
Transaction Impact: A difference of 51.76 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0702
0.0608
JanuMarcMayJulySeptNove

JMD to SEK 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 0.0687, compared to 0.0645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0687
H2 Avg (Jul–Dec) 0.0645

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0037 SEK (High: 0.0659 / Low: 0.0622). On the other end, November was the most stable month, with a tight range of 0.0014 SEK (High: 0.0670 / Low: 0.0656).

October Spread (Volatile) ±0.0037
November Spread (Stable) ±0.0014

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 June and July, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0695) against the same month in 2016 (average: 0.0709), the exchange rate shifted by -0.0014 (-2.03%).

2017 Avg (January) 0.0695
2016 Avg (January) 0.0709

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0711 0.0681 0.0695
February 0.0704 0.0677 0.0692
March 0.0705 0.0681 0.0693
April 0.0703 0.0680 0.0694
May 0.0690 0.0665 0.0678
June 0.0676 0.0652 0.0669
July 0.0658 0.0637 0.0649
August 0.0641 0.0617 0.0633
September 0.0627 0.0608 0.0616
October 0.0659 0.0622 0.0639
November 0.0670 0.0656 0.0664
December 0.0677 0.0658 0.0670