YEARLY HIGH
343.9296 JMD
YEARLY LOW
318.2633 JMD
YEARLY AVERAGE
331.7938 JMD

2016 BHD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BHD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 343.9296. Conversely, the yearly low was recorded on January 2, dropping to 318.2633.

This high-to-low spread represents a total annual volatility of 25.6663 JMD. From a start-to-finish perspective, comparing the January average rate of 319.6138 to the December average rate of 342.0387, the exchange rate registered a net change of 7.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 343.9296 was up 7.94% compared to the 2015 peak of 318.6363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,719,648 JMD
2015 Average 1,548,490 JMD
Yearly Trough Low 1,591,316 JMD
Transaction Impact: A difference of 128,331.66 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

344.8648
317.3182
JanuMarcMayJulySeptNove

BHD 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 324.5625, compared to 339.0250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.4624 points.

H1 Avg (Jan–Jun) 324.5625
H2 Avg (Jul–Dec) 339.0250

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 5.8751 JMD (High: 331.0858 / Low: 325.2107). On the other end, March was the most stable month, with a tight range of 1.0853 JMD (High: 322.8776 / Low: 321.7923).

May Spread (Volatile) ±5.8751
March Spread (Stable) ±1.0853

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 0.5305 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.5305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 342.0387) against the same month in 2015 (average: 317.5378), the exchange rate shifted by +24.5010 (+7.72%).

2016 Avg (December) 342.0387
2015 Avg (December) 317.5378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 322.5800 318.2633 319.6138
February 322.6460 320.2759 321.5067
March 322.8776 321.7923 322.3211
April 326.1633 322.3959 323.5457
May 331.0858 325.2107 328.0666
June 335.0542 330.5359 332.3214
July 336.2061 334.4062 335.2433
August 337.5165 334.9189 336.1690
September 338.8859 337.0221 337.9158
October 342.6344 337.7793 340.2139
November 343.6976 341.6455 342.5692
December 343.9296 340.9601 342.0387