YEARLY HIGH
1.2493 JMD
YEARLY LOW
1.1249 JMD
YEARLY AVERAGE
1.2189 JMD

2017 PKR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PKR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 1.2493. Conversely, the yearly low was recorded on December 28, dropping to 1.1249.

This high-to-low spread represents a total annual volatility of 0.1244 JMD. From a start-to-finish perspective, comparing the January average rate of 1.2310 to the December average rate of 1.1517, the exchange rate registered a net change of -6.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.2493 was up 1.01% compared to the 2016 peak of 1.2368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 624,662 JMD
2016 Average 597,352 JMD
Yearly Trough Low 562,449 JMD
Transaction Impact: A difference of 62,213.07 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.2486
1.1429
JanuMarcMayJulySeptNove

PKR 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 1.2325, compared to 1.2053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0272 points.

H1 Avg (Jan–Jun) 1.2325
H2 Avg (Jul–Dec) 1.2053

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0680 JMD (High: 1.1929 / Low: 1.1249). On the other end, March was the most stable month, with a tight range of 0.0096 JMD (High: 1.2340 / Low: 1.2244).

December Spread (Volatile) ±0.0680
March Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0477 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 1.2398) against the same month in 2016 (average: 1.1980), the exchange rate shifted by +0.0418 (+3.49%).

2017 Avg (June) 1.2398
2016 Avg (June) 1.1980

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2409 1.2288 1.2310
February 1.2341 1.2220 1.2284
March 1.2340 1.2244 1.2291
April 1.2374 1.2261 1.2313
May 1.2440 1.2288 1.2354
June 1.2493 1.2358 1.2398
July 1.2362 1.2124 1.2190
August 1.2244 1.2081 1.2144
September 1.2429 1.2132 1.2312
October 1.2371 1.2056 1.2163
November 1.2069 1.1884 1.1994
December 1.1929 1.1249 1.1517