2017 SGD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SGD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SGD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 97.2364. Conversely, the yearly low was recorded on January 3, dropping to 88.8195.
This high-to-low spread represents a total annual volatility of 8.4169 JMD. From a start-to-finish perspective, comparing the January average rate of 90.1114 to the December average rate of 92.9434, the exchange rate registered a net change of 3.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 97.2364 was up 2.78% compared to the 2016 peak of 94.6096, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SGD 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 91.9428, compared to 93.9728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0300 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 3.5558 JMD (High: 96.5013 / Low: 92.9455). On the other end, June was the most stable month, with a tight range of 1.0090 JMD (High: 94.3612 / Low: 93.3521).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.0043 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 96.2029) against the same month in 2016 (average: 93.6991), the exchange rate shifted by +2.5038 (+2.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 91.1407 | 88.8195 | 90.1114 |
| February | 92.0462 | 90.3201 | 91.0237 |
| March | 92.7313 | 90.3926 | 91.5883 |
| April | 92.8732 | 91.7566 | 92.3339 |
| May | 94.5085 | 91.5419 | 92.8046 |
| June | 94.3612 | 93.3521 | 93.7949 |
| July | 94.3445 | 92.4796 | 93.5050 |
| August | 94.9856 | 93.1620 | 93.8686 |
| September | 97.2364 | 94.3478 | 96.2029 |
| October | 96.5013 | 92.9455 | 94.1986 |
| November | 93.8731 | 92.2776 | 93.1185 |
| December | 93.5015 | 92.4224 | 92.9434 |