YEARLY HIGH
73.4486 JMD
YEARLY LOW
66.1819 JMD
YEARLY AVERAGE
70.7819 JMD

2016 BGN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 73.4486. Conversely, the yearly low was recorded on January 5, dropping to 66.1819.

This high-to-low spread represents a total annual volatility of 7.2667 JMD. From a start-to-finish perspective, comparing the January average rate of 66.9180 to the December average rate of 69.4514, the exchange rate registered a net change of 3.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 73.4486 was up 3.51% compared to the 2015 peak of 70.9590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 367,243 JMD
2015 Average 331,430 JMD
Yearly Trough Low 330,909 JMD
Transaction Impact: A difference of 36,333.61 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

73.6030
66.3103
JanuMarcMayJulySeptNove

BGN 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 69.8497, compared to 71.7140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8643 points.

H1 Avg (Jan–Jun) 69.8497
H2 Avg (Jul–Dec) 71.7140

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 3.7923 JMD (High: 73.4479 / Low: 69.6556). On the other end, September was the most stable month, with a tight range of 0.8390 JMD (High: 73.3260 / Low: 72.4870).

November Spread (Volatile) ±3.7923
September Spread (Stable) ±0.8390

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 1.8128 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.8128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 72.6253) against the same month in 2015 (average: 66.6583), the exchange rate shifted by +5.9669 (+8.95%).

2016 Avg (August) 72.6253
2015 Avg (August) 66.6583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.4870 66.1819 66.9180
February 69.9464 67.3168 68.8204
March 70.6861 67.4363 69.1865
April 71.8926 70.2074 70.7073
May 72.2815 70.9275 71.4349
June 73.1340 70.6612 72.0314
July 72.2341 70.9913 71.5878
August 73.4486 71.7613 72.6253
September 73.3260 72.4870 72.9953
October 73.2420 71.4485 72.3602
November 73.4479 69.6556 71.2642
December 70.6105 68.3570 69.4514