YEARLY HIGH
0.8685 JMD
YEARLY LOW
0.8109 JMD
YEARLY AVERAGE
0.8417 JMD

2017 LKR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LKR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.8685. Conversely, the yearly low was recorded on December 28, dropping to 0.8109.

This high-to-low spread represents a total annual volatility of 0.0576 JMD. From a start-to-finish perspective, comparing the January average rate of 0.8590 to the December average rate of 0.8168, the exchange rate registered a net change of -4.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8685 was down 0.92% compared to the 2016 peak of 0.8765, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LKR based on timing:

Yearly Peak High 4,342 JMD
2016 Average 4,279 JMD
Yearly Trough Low 4,054 JMD
Transaction Impact: A difference of 287.92 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8633
0.8126
JanuMarcMayJulySeptNove

LKR to JMD 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 0.8513, compared to 0.8321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0192 points.

H1 Avg (Jan–Jun) 0.8513
H2 Avg (Jul–Dec) 0.8321

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0243 JMD (High: 0.8505 / Low: 0.8262). On the other end, May was the most stable month, with a tight range of 0.0062 JMD (High: 0.8530 / Low: 0.8468).

October Spread (Volatile) ±0.0243
May Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0143 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.8590) against the same month in 2016 (average: 0.8363), the exchange rate shifted by +0.0228 (+2.72%).

2017 Avg (January) 0.8590
2016 Avg (January) 0.8363

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8685 0.8549 0.8590
February 0.8594 0.8446 0.8526
March 0.8570 0.8448 0.8493
April 0.8528 0.8466 0.8486
May 0.8530 0.8468 0.8493
June 0.8530 0.8426 0.8492
July 0.8445 0.8311 0.8356
August 0.8433 0.8313 0.8356
September 0.8570 0.8372 0.8484
October 0.8505 0.8262 0.8341
November 0.8268 0.8174 0.8222
December 0.8237 0.8109 0.8168