YEARLY HIGH
1.9659 JMD
YEARLY LOW
1.7468 JMD
YEARLY AVERAGE
1.8465 JMD

2016 AFN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.9659. Conversely, the yearly low was recorded on January 11, dropping to 1.7468.

This high-to-low spread represents a total annual volatility of 0.2191 JMD. From a start-to-finish perspective, comparing the January average rate of 1.7562 to the December average rate of 1.9400, the exchange rate registered a net change of 10.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9659 was down 2.83% compared to the 2015 peak of 2.0232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,829 JMD
2015 Average 9,558 JMD
Yearly Trough Low 8,734 JMD
Transaction Impact: A difference of 1,095.58 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.9665
1.7371
JanuMarcMayJulySeptNove

AFN 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 1.7813, compared to 1.9117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1304 points.

H1 Avg (Jan–Jun) 1.7813
H2 Avg (Jul–Dec) 1.9117

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0946 JMD (High: 1.9332 / Low: 1.8385). On the other end, July was the most stable month, with a tight range of 0.0151 JMD (High: 1.8479 / Low: 1.8328).

August Spread (Volatile) ±0.0946
July Spread (Stable) ±0.0151

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 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 9 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.9400) against the same month in 2015 (average: 1.7736), the exchange rate shifted by +0.1664 (+9.38%).

2016 Avg (December) 1.9400
2015 Avg (December) 1.7736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7708 1.7468 1.7562
February 1.7759 1.7493 1.7603
March 1.7812 1.7651 1.7743
April 1.7982 1.7724 1.7820
May 1.8131 1.7884 1.8020
June 1.8510 1.8020 1.8131
July 1.8479 1.8328 1.8413
August 1.9332 1.8385 1.8841
September 1.9431 1.8756 1.9107
October 1.9578 1.9329 1.9474
November 1.9636 1.9317 1.9470
December 1.9659 1.9297 1.9400