YEARLY HIGH
0.1807 JMD
YEARLY LOW
0.1714 JMD
YEARLY AVERAGE
0.1768 JMD

2017 MWK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MWK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.1807. Conversely, the yearly low was recorded on December 30, dropping to 0.1714.

This high-to-low spread represents a total annual volatility of 0.0093 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1777 to the December average rate of 0.1724, the exchange rate registered a net change of -2.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1807 was down 0.92% compared to the 2016 peak of 0.1824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 903 JMD
2016 Average 881 JMD
Yearly Trough Low 857 JMD
Transaction Impact: A difference of 46.53 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1796
0.1718
JanuMarcMayJulySeptNove

MWK 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 0.1779, compared to 0.1758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1779
H2 Avg (Jul–Dec) 0.1758

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0047 JMD (High: 0.1795 / Low: 0.1747). On the other end, April was the most stable month, with a tight range of 0.0019 JMD (High: 0.1786 / Low: 0.1767).

October Spread (Volatile) ±0.0047
April Spread (Stable) ±0.0019

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 September and October, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.1789) against the same month in 2016 (average: 0.1772), the exchange rate shifted by +0.0018 (+0.99%).

2017 Avg (September) 0.1789
2016 Avg (September) 0.1772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1793 0.1764 0.1777
February 0.1784 0.1763 0.1775
March 0.1788 0.1762 0.1775
April 0.1786 0.1767 0.1777
May 0.1798 0.1773 0.1783
June 0.1796 0.1775 0.1787
July 0.1787 0.1742 0.1767
August 0.1775 0.1747 0.1761
September 0.1807 0.1762 0.1789
October 0.1795 0.1747 0.1765
November 0.1754 0.1723 0.1741
December 0.1735 0.1714 0.1724