YEARLY HIGH
64.7832 JMD
YEARLY LOW
60.0993 JMD
YEARLY AVERAGE
62.5745 JMD

2016 BZD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BZD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 64.7832. Conversely, the yearly low was recorded on January 4, dropping to 60.0993.

This high-to-low spread represents a total annual volatility of 4.6839 JMD. From a start-to-finish perspective, comparing the January average rate of 60.3709 to the December average rate of 64.2814, the exchange rate registered a net change of 6.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 64.7832 was up 7.06% compared to the 2015 peak of 60.5098, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 323,916 JMD
2015 Average 291,993 JMD
Yearly Trough Low 300,496 JMD
Transaction Impact: A difference of 23,419.60 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

64.9744
59.9524
JanuMarcMayJulySeptNove

BZD 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 61.2558, compared to 63.8932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6374 points.

H1 Avg (Jan–Jun) 61.2558
H2 Avg (Jul–Dec) 63.8932

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.9789 JMD (High: 62.3101 / Low: 61.3313). On the other end, September was the most stable month, with a tight range of 0.3533 JMD (High: 63.8485 / Low: 63.4953).

May Spread (Volatile) ±0.9789
September Spread (Stable) ±0.3533

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 0.2745 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.2745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 64.5559) against the same month in 2015 (average: 59.8331), the exchange rate shifted by +4.7228 (+7.89%).

2016 Avg (November) 64.5559
2015 Avg (November) 59.8331

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.7141 60.0993 60.3709
February 60.9702 60.6056 60.7616
March 61.0299 60.6315 60.9044
April 61.4305 60.9091 61.1230
May 62.3101 61.3313 61.8259
June 62.9877 62.2296 62.5491
July 63.4509 63.0552 63.2362
August 63.6331 63.1953 63.4255
September 63.8485 63.4953 63.7039
October 64.7170 63.7885 64.1564
November 64.7832 64.3716 64.5559
December 64.6735 64.0328 64.2814