YEARLY HIGH
96.1391 JMD
YEARLY LOW
85.4968 JMD
YEARLY AVERAGE
91.2363 JMD

2017 NZD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 96.1391. Conversely, the yearly low was recorded on November 30, dropping to 85.4968.

This high-to-low spread represents a total annual volatility of 10.6423 JMD. From a start-to-finish perspective, comparing the January average rate of 91.7459 to the December average rate of 87.1754, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 96.1391 was up 1.14% compared to the 2016 peak of 95.0527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 480,695 JMD
2016 Average 436,413 JMD
Yearly Trough Low 427,484 JMD
Transaction Impact: A difference of 53,211.37 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

95.1725
86.1936
JanuMarcMayJulySeptNove

NZD 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 91.4259, compared to 91.0467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3792 points.

H1 Avg (Jan–Jun) 91.4259
H2 Avg (Jul–Dec) 91.0467

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 7.5703 JMD (High: 94.5480 / Low: 86.9776). On the other end, April was the most stable month, with a tight range of 2.0023 JMD (High: 90.9529 / Low: 88.9506).

October Spread (Volatile) ±7.5703
April Spread (Stable) ±2.0023

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.9062 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.9062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 94.4242) against the same month in 2016 (average: 90.3075), the exchange rate shifted by +4.1167 (+4.56%).

2017 Avg (July) 94.4242
2016 Avg (July) 90.3075

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 94.0212 89.0460 91.7459
February 94.2818 92.1954 92.9458
March 91.6125 88.5138 90.1346
April 90.9529 88.9506 90.0435
May 92.2352 88.3816 89.9037
June 94.8480 92.1153 93.7820
July 96.1391 92.4170 94.4242
August 95.3861 91.9864 93.3286
September 95.8742 91.6714 94.1581
October 94.5480 86.9776 90.2519
November 88.0195 85.4968 86.9419
December 88.3464 85.5216 87.1754