YEARLY HIGH
0.3633 JMD
YEARLY LOW
0.3485 JMD
YEARLY AVERAGE
0.3565 JMD

2017 MRO to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MRO to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.3633. Conversely, the yearly low was recorded on October 18, dropping to 0.3485.

This high-to-low spread represents a total annual volatility of 0.0148 JMD. From a start-to-finish perspective, comparing the January average rate of 0.3592 to the December average rate of 0.3521, the exchange rate registered a net change of -1.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3633 was down 6.66% compared to the 2016 peak of 0.3892, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,816 JMD
2016 Average 1,782 JMD
Yearly Trough Low 1,742 JMD
Transaction Impact: A difference of 73.99 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3612
0.3505
JanuMarcMayJulySeptNove

MRO 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 0.3591, compared to 0.3540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.3591
H2 Avg (Jul–Dec) 0.3540

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0114 JMD (High: 0.3599 / Low: 0.3485). On the other end, March was the most stable month, with a tight range of 0.0033 JMD (High: 0.3607 / Low: 0.3575).

October Spread (Volatile) ±0.0114
March Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between March and June, 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 0.0058 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.3603) against the same month in 2016 (average: 0.3522), the exchange rate shifted by +0.0081 (+2.31%).

2017 Avg (June) 0.3603
2016 Avg (June) 0.3522

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3611 0.3576 0.3592
February 0.3603 0.3567 0.3586
March 0.3607 0.3575 0.3583
April 0.3608 0.3571 0.3585
May 0.3614 0.3581 0.3596
June 0.3633 0.3580 0.3603
July 0.3598 0.3517 0.3545
August 0.3548 0.3497 0.3514
September 0.3586 0.3505 0.3555
October 0.3599 0.3485 0.3548
November 0.3580 0.3541 0.3558
December 0.3540 0.3504 0.3521