YEARLY HIGH
13.1009 JMD
YEARLY LOW
11.5406 JMD
YEARLY AVERAGE
12.7103 JMD

2017 VEF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 13.1009. Conversely, the yearly low was recorded on November 2, dropping to 11.5406.

This high-to-low spread represents a total annual volatility of 1.5603 JMD. From a start-to-finish perspective, comparing the January average rate of 12.8981 to the December average rate of 12.1543, the exchange rate registered a net change of -5.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 13.1009 was down 32.08% compared to the 2016 peak of 19.2882, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,505 JMD
2016 Average 71,416 JMD
Yearly Trough Low 57,703 JMD
Transaction Impact: A difference of 7,801.36 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.0139
12.0761
JanuMarcMayJulySeptNove

VEF 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 12.8837, compared to 12.5370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3467 points.

H1 Avg (Jan–Jun) 12.8837
H2 Avg (Jul–Dec) 12.5370

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 1.1954 JMD (High: 12.7360 / Low: 11.5406). On the other end, January was the most stable month, with a tight range of 0.1380 JMD (High: 12.9604 / Low: 12.8224).

November Spread (Volatile) ±1.1954
January Spread (Stable) ±0.1380

Growth Streaks & Declines

Trends

Between April and June, 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 0.4585 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 12.8992) against the same month in 2016 (average: 12.7675), the exchange rate shifted by +0.1317 (+1.03%).

2017 Avg (September) 12.8992
2016 Avg (September) 12.7675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.9604 12.8224 12.8981
February 12.9603 12.8110 12.8906
March 12.9750 12.7439 12.8854
April 12.9578 12.6975 12.8411
May 13.0764 12.6797 12.8511
June 13.0611 12.7569 12.9358
July 12.9477 12.4433 12.6935
August 12.8136 12.3063 12.5874
September 13.1009 12.6494 12.8992
October 12.9526 11.9910 12.6730
November 12.7360 11.5406 12.2145
December 12.5901 11.5716 12.1543