YEARLY HIGH
9.9243 JMD
YEARLY LOW
8.8513 JMD
YEARLY AVERAGE
9.4512 JMD

2017 SCR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SCR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 9.9243. Conversely, the yearly low was recorded on December 29, dropping to 8.8513.

This high-to-low spread represents a total annual volatility of 1.0730 JMD. From a start-to-finish perspective, comparing the January average rate of 9.6305 to the December average rate of 8.9839, the exchange rate registered a net change of -6.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 9.9243 was down 0.27% compared to the 2016 peak of 9.9511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49,621 JMD
2016 Average 47,152 JMD
Yearly Trough Low 44,257 JMD
Transaction Impact: A difference of 5,364.78 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

9.7024
8.9186
JanuMarcMayJulySeptNove

SCR 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 9.5896, compared to 9.3128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2769 points.

H1 Avg (Jan–Jun) 9.5896
H2 Avg (Jul–Dec) 9.3128

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.7320 JMD (High: 9.7814 / Low: 9.0494). On the other end, May was the most stable month, with a tight range of 0.2840 JMD (High: 9.7000 / Low: 9.4160).

October Spread (Volatile) ±0.7320
May Spread (Stable) ±0.2840

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2144 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 9.5597) against the same month in 2016 (average: 9.1446), the exchange rate shifted by +0.4151 (+4.54%).

2017 Avg (March) 9.5597
2016 Avg (March) 9.1446

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.9089 9.4888 9.6305
February 9.7207 9.4191 9.5737
March 9.9243 9.3848 9.5597
April 9.9104 9.4376 9.5797
May 9.7000 9.4160 9.5571
June 9.9141 9.3327 9.6371
July 9.8278 9.2378 9.4664
August 9.6785 9.2754 9.4088
September 9.7436 9.3411 9.5297
October 9.7814 9.0494 9.3511
November 9.5384 8.9723 9.1367
December 9.3731 8.8513 8.9839