YEARLY HIGH
0.0867 VEF
YEARLY LOW
0.0763 VEF
YEARLY AVERAGE
0.0787 VEF

2017 JMD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.0867. Conversely, the yearly low was recorded on September 17, dropping to 0.0763.

This high-to-low spread represents a total annual volatility of 0.0103 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0775 to the December average rate of 0.0823, the exchange rate registered a net change of 6.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0867 was up 5.62% compared to the 2016 peak of 0.0820, 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 433 VEF
2016 Average 361 VEF
Yearly Trough Low 382 VEF
Transaction Impact: A difference of 51.60 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0828
0.0768
JanuMarcMayJulySeptNove

JMD to VEF 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 0.0776, compared to 0.0798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0776
H2 Avg (Jul–Dec) 0.0798

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0081 VEF (High: 0.0867 / Low: 0.0785). On the other end, January was the most stable month, with a tight range of 0.0008 VEF (High: 0.0780 / Low: 0.0772).

November Spread (Volatile) ±0.0081
January Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and April, 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 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0819) against the same month in 2016 (average: 0.0773), the exchange rate shifted by +0.0047 (+6.05%).

2017 Avg (November) 0.0819
2016 Avg (November) 0.0773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0780 0.0772 0.0775
February 0.0781 0.0772 0.0776
March 0.0785 0.0771 0.0776
April 0.0788 0.0772 0.0779
May 0.0789 0.0765 0.0778
June 0.0784 0.0766 0.0773
July 0.0804 0.0772 0.0788
August 0.0813 0.0780 0.0795
September 0.0791 0.0763 0.0775
October 0.0834 0.0772 0.0789
November 0.0867 0.0785 0.0819
December 0.0864 0.0794 0.0823