YEARLY HIGH
64.7800 JMD
YEARLY LOW
59.9900 JMD
YEARLY AVERAGE
62.5375 JMD

2016 BBD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BBD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 64.7800. Conversely, the yearly low was recorded on January 10, dropping to 59.9900.

This high-to-low spread represents a total annual volatility of 4.7899 JMD. From a start-to-finish perspective, comparing the January average rate of 60.2277 to the December average rate of 64.3644, the exchange rate registered a net change of 6.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 64.7800 was up 7.84% compared to the 2015 peak of 60.0725, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 323,900 JMD
2015 Average 291,975 JMD
Yearly Trough Low 299,950 JMD
Transaction Impact: A difference of 23,949.70 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

65.0118
59.7928
JanuMarcMayJulySeptNove

BBD 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 61.1771, compared to 63.8980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7208 points.

H1 Avg (Jan–Jun) 61.1771
H2 Avg (Jul–Dec) 63.8980

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 1.1298 JMD (High: 62.4105 / Low: 61.2807). On the other end, March was the most stable month, with a tight range of 0.1940 JMD (High: 60.8450 / Low: 60.6510).

May Spread (Volatile) ±1.1298
March Spread (Stable) ±0.1940

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2125 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.2125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 64.5768) against the same month in 2015 (average: 59.6884), the exchange rate shifted by +4.8884 (+8.19%).

2016 Avg (November) 64.5768
2015 Avg (November) 59.6884

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.7615 59.9900 60.2277
February 60.8299 60.3230 60.6071
March 60.8450 60.6510 60.7538
April 61.4906 60.7743 60.9854
May 62.4105 61.2807 61.8394
June 63.2177 62.3123 62.6494
July 63.4310 63.0665 63.2394
August 63.7040 63.1349 63.3817
September 63.8630 63.5175 63.6935
October 64.5703 63.6660 64.1319
November 64.7800 64.3585 64.5768
December 64.6784 64.2125 64.3644