YEARLY HIGH
94.6667 JMD
YEARLY LOW
83.4972 JMD
YEARLY AVERAGE
90.6517 JMD

2016 BND to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 94.6667. Conversely, the yearly low was recorded on January 9, dropping to 83.4972.

This high-to-low spread represents a total annual volatility of 11.1694 JMD. From a start-to-finish perspective, comparing the January average rate of 84.1557 to the December average rate of 89.7498, the exchange rate registered a net change of 6.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 94.6667 was up 8.23% compared to the 2015 peak of 87.4676, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 473,333 JMD
2015 Average 424,973 JMD
Yearly Trough Low 417,486 JMD
Transaction Impact: A difference of 55,847.22 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

95.0655
83.1639
JanuMarcMayJulySeptNove

BND 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 88.7061, compared to 92.5973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8912 points.

H1 Avg (Jan–Jun) 88.7061
H2 Avg (Jul–Dec) 92.5973

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 3.9833 JMD (High: 94.1266 / Low: 90.1433). On the other end, September was the most stable month, with a tight range of 1.0755 JMD (High: 94.3477 / Low: 93.2722).

November Spread (Volatile) ±3.9833
September Spread (Stable) ±1.0755

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.8122 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 94.0737) against the same month in 2015 (average: 83.8024), the exchange rate shifted by +10.2713 (+12.26%).

2016 Avg (August) 94.0737
2015 Avg (August) 83.8024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 85.0186 83.4972 84.1557
February 86.9483 84.8051 86.3197
March 90.0180 86.5349 88.6044
April 91.6156 89.6047 90.3536
May 91.4843 89.7044 90.3171
June 93.7856 90.4556 92.4860
July 94.0777 92.9875 93.6942
August 94.6667 93.3514 94.0737
September 94.3477 93.2722 93.7298
October 93.6764 92.0847 92.7744
November 94.1266 90.1433 91.5619
December 90.7875 88.6940 89.7498