YEARLY HIGH
0.0970 JMD
YEARLY LOW
0.0913 JMD
YEARLY AVERAGE
0.0943 JMD

2017 MMK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.0970. Conversely, the yearly low was recorded on December 24, dropping to 0.0913.

This high-to-low spread represents a total annual volatility of 0.0057 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0949 to the December average rate of 0.0921, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0970 was down 10.53% compared to the 2016 peak of 0.1085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 485 JMD
2016 Average 507 JMD
Yearly Trough Low 456 JMD
Transaction Impact: A difference of 28.74 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0958
0.0918
JanuMarcMayJulySeptNove

MMK 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 0.0947, compared to 0.0938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0947
H2 Avg (Jul–Dec) 0.0938

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0027 JMD (High: 0.0955 / Low: 0.0928). On the other end, April was the most stable month, with a tight range of 0.0013 JMD (High: 0.0955 / Low: 0.0942).

October Spread (Volatile) ±0.0027
April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0954) against the same month in 2016 (average: 0.1037), the exchange rate shifted by -0.0082 (-7.95%).

2017 Avg (September) 0.0954
2016 Avg (September) 0.1037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0958 0.0942 0.0949
February 0.0952 0.0934 0.0941
March 0.0951 0.0928 0.0942
April 0.0955 0.0942 0.0949
May 0.0956 0.0942 0.0950
June 0.0962 0.0944 0.0953
July 0.0954 0.0930 0.0941
August 0.0950 0.0933 0.0939
September 0.0970 0.0943 0.0954
October 0.0955 0.0928 0.0941
November 0.0940 0.0922 0.0932
December 0.0928 0.0913 0.0921