YEARLY HIGH
16.7536 JMD
YEARLY LOW
14.8181 JMD
YEARLY AVERAGE
15.5336 JMD

2017 NOK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 16.7536. Conversely, the yearly low was recorded on December 20, dropping to 14.8181.

This high-to-low spread represents a total annual volatility of 1.9354 JMD. From a start-to-finish perspective, comparing the January average rate of 15.2212 to the December average rate of 15.0548, the exchange rate registered a net change of -1.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 16.7536 was up 4.85% compared to the 2016 peak of 15.9784, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,768 JMD
2016 Average 74,529 JMD
Yearly Trough Low 74,091 JMD
Transaction Impact: A difference of 9,677.19 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

16.7388
14.8680
JanuMarcMayJulySeptNove

NOK 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 15.2348, compared to 15.8323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5976 points.

H1 Avg (Jan–Jun) 15.2348
H2 Avg (Jul–Dec) 15.8323

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.9063 JMD (High: 16.4436 / Low: 15.5373). On the other end, June was the most stable month, with a tight range of 0.2888 JMD (High: 15.4917 / Low: 15.2030).

October Spread (Volatile) ±0.9063
June Spread (Stable) ±0.2888

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 0.5852 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.5852

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 16.5829) against the same month in 2016 (average: 15.5074), the exchange rate shifted by +1.0755 (+6.94%).

2017 Avg (September) 16.5829
2016 Avg (September) 15.5074

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.5668 14.8883 15.2212
February 15.6991 15.3086 15.4568
March 15.2802 14.8748 15.1329
April 15.1532 14.8402 15.0239
May 15.5873 14.8213 15.2290
June 15.4917 15.2030 15.3449
July 16.1761 15.3725 15.7177
August 16.5964 15.9983 16.1936
September 16.7536 16.3318 16.5829
October 16.4436 15.5373 16.0151
November 15.6333 15.0435 15.4299
December 15.2179 14.8181 15.0548