YEARLY HIGH
0.1146 ZAR
YEARLY LOW
0.0961 ZAR
YEARLY AVERAGE
0.1037 ZAR

2017 JMD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.1146. Conversely, the yearly low was recorded on March 26, dropping to 0.0961.

This high-to-low spread represents a total annual volatility of 0.0185 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1054 to the December average rate of 0.1046, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1146 was down 18.03% compared to the 2016 peak of 0.1398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 573 ZAR
2016 Average 589 ZAR
Yearly Trough Low 481 ZAR
Transaction Impact: A difference of 92.51 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1129
0.0981
JanuMarcMayJulySeptNove

JMD to ZAR 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 0.1023, compared to 0.1051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1023
H2 Avg (Jul–Dec) 0.1051

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0112 ZAR (High: 0.1096 / Low: 0.0984). On the other end, June was the most stable month, with a tight range of 0.0039 ZAR (High: 0.1013 / Low: 0.0973).

December Spread (Volatile) ±0.0112
June Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.0070 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.1116) against the same month in 2016 (average: 0.1083), the exchange rate shifted by +0.0034 (+3.12%).

2017 Avg (November) 0.1116
2016 Avg (November) 0.1083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1073 0.1028 0.1054
February 0.1049 0.1001 0.1023
March 0.1039 0.0961 0.1004
April 0.1079 0.1010 0.1040
May 0.1061 0.0983 0.1024
June 0.1013 0.0973 0.0993
July 0.1058 0.1010 0.1024
August 0.1060 0.1010 0.1037
September 0.1046 0.0993 0.1013
October 0.1120 0.1035 0.1070
November 0.1146 0.1082 0.1116
December 0.1096 0.0984 0.1046