2017 QAR to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |