YEARLY HIGH
31.2464 JMD
YEARLY LOW
28.4947 JMD
YEARLY AVERAGE
29.8569 JMD

2017 MYR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 31.2464. Conversely, the yearly low was recorded on January 4, dropping to 28.4947.

This high-to-low spread represents a total annual volatility of 2.7516 JMD. From a start-to-finish perspective, comparing the January average rate of 28.8904 to the December average rate of 30.6857, the exchange rate registered a net change of 6.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 31.2464 was down 2.66% compared to the 2016 peak of 32.1007, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 624,927 JMD
2016 Average 604,595 JMD
Yearly Trough Low 569,895 JMD
Transaction Impact: A difference of 55,032.25 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

31.0158
28.6972
JanuMarcMayJulySeptNove

MYR 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 29.4188, compared to 30.2951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8763 points.

H1 Avg (Jan–Jun) 29.4188
H2 Avg (Jul–Dec) 30.2951

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 1.2630 JMD (High: 31.2464 / Low: 29.9834). On the other end, February was the most stable month, with a tight range of 0.3584 JMD (High: 29.1756 / Low: 28.8172).

September Spread (Volatile) ±1.2630
February Spread (Stable) ±0.3584

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5338 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.5338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 30.8226) against the same month in 2016 (average: 31.0043), the exchange rate shifted by -0.1817 (-0.59%).

2017 Avg (September) 30.8226
2016 Avg (September) 31.0043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.2267 28.4947 28.8904
February 29.1756 28.8172 28.9823
March 29.3227 28.6396 28.9960
April 29.8868 28.9955 29.3182
May 30.5889 29.6327 29.9820
June 30.5255 30.1161 30.3438
July 30.1896 29.4467 29.8700
August 30.1609 29.5621 29.8168
September 31.2464 29.9834 30.8226
October 31.0226 29.9312 30.2888
November 30.7994 29.8762 30.2866
December 30.9515 30.5007 30.6857