YEARLY HIGH
35.8551 JMD
YEARLY LOW
32.1192 JMD
YEARLY AVERAGE
34.9058 JMD

2017 QAR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 35.8551. Conversely, the yearly low was recorded on November 21, dropping to 32.1192.

This high-to-low spread represents a total annual volatility of 3.7359 JMD. From a start-to-finish perspective, comparing the January average rate of 35.3784 to the December average rate of 34.1090, the exchange rate registered a net change of -3.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 35.8551 was up 0.72% compared to the 2016 peak of 35.5970, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 179,276 JMD
2016 Average 171,785 JMD
Yearly Trough Low 160,596 JMD
Transaction Impact: A difference of 18,679.44 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

35.7833
32.9414
JanuMarcMayJulySeptNove

QAR 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 35.3995, compared to 34.4122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9872 points.

H1 Avg (Jan–Jun) 35.3995
H2 Avg (Jul–Dec) 34.4122

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 2.5116 JMD (High: 34.6308 / Low: 32.1192). On the other end, April was the most stable month, with a tight range of 0.3633 JMD (High: 35.6302 / Low: 35.2669).

November Spread (Volatile) ±2.5116
April Spread (Stable) ±0.3633

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 1.0768 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0768

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 35.5465) against the same month in 2016 (average: 33.9717), the exchange rate shifted by +1.5748 (+4.64%).

2017 Avg (May) 35.5465
2016 Avg (May) 33.9717

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.5574 35.1573 35.3784
February 35.5393 35.1498 35.3592
March 35.5790 34.9798 35.3455
April 35.6302 35.2669 35.4601
May 35.8551 35.3281 35.5465
June 35.8249 34.1804 35.3071
July 35.6372 34.5076 34.9441
August 35.1917 34.5440 34.9080
September 35.7971 34.5972 35.0789
October 35.7611 33.4208 34.2551
November 34.6308 32.1192 33.1783
December 34.5800 33.7890 34.1090