YEARLY HIGH
2.1813 JMD
YEARLY LOW
1.8000 JMD
YEARLY AVERAGE
2.0039 JMD

2017 MZN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 2.1813. Conversely, the yearly low was recorded on January 9, dropping to 1.8000.

This high-to-low spread represents a total annual volatility of 0.3813 JMD. From a start-to-finish perspective, comparing the January average rate of 1.8210 to the December average rate of 2.0947, the exchange rate registered a net change of 15.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.1813 was down 19.16% compared to the 2016 peak of 2.6984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,907 JMD
2016 Average 10,296 JMD
Yearly Trough Low 9,000 JMD
Transaction Impact: A difference of 1,906.64 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1471
1.7914
JanuMarcMayJulySeptNove

MZN 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 1.9104, compared to 2.0975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1871 points.

H1 Avg (Jan–Jun) 1.9104
H2 Avg (Jul–Dec) 2.0975

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.3558 JMD (High: 2.1813 / Low: 1.8256). On the other end, January was the most stable month, with a tight range of 0.0365 JMD (High: 1.8365 / Low: 1.8000).

June Spread (Volatile) ±0.3558
January Spread (Stable) ±0.0365

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0381 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 2.0853) against the same month in 2016 (average: 2.0694), the exchange rate shifted by +0.0159 (+0.77%).

2017 Avg (June) 2.0853
2016 Avg (June) 2.0694

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8365 1.8000 1.8210
February 1.8607 1.8192 1.8320
March 1.8954 1.8106 1.8603
April 1.9819 1.8864 1.9508
May 2.0242 1.8221 1.9127
June 2.1813 1.8256 2.0853
July 2.1754 2.0718 2.1174
August 2.1170 2.0716 2.0901
September 2.1297 2.0772 2.1106
October 2.1285 2.0771 2.0974
November 2.0967 2.0510 2.0746
December 2.1190 2.0586 2.0947