2016 CAD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CAD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CAD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 99.0813. Conversely, the yearly low was recorded on January 19, dropping to 82.4242.
This high-to-low spread represents a total annual volatility of 16.6570 JMD. From a start-to-finish perspective, comparing the January average rate of 84.9253 to the December average rate of 96.5513, the exchange rate registered a net change of 13.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 99.0813 was up 0.46% compared to the 2015 peak of 98.6243, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
CAD to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 92.0991, compared to 96.8761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7770 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was April, with a trading range of 5.3376 JMD (High: 97.9923 / Low: 92.6547). On the other end, November was the most stable month, with a tight range of 1.5966 JMD (High: 96.8895 / Low: 95.2929).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 0.8270 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 97.5249) against the same month in 2015 (average: 89.0701), the exchange rate shifted by +8.4548 (+9.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 86.9271 | 82.4242 | 84.9253 |
| February | 89.9357 | 86.2527 | 87.9126 |
| March | 93.6176 | 90.2679 | 91.9345 |
| April | 97.9923 | 92.6547 | 95.0749 |
| May | 97.9935 | 94.7739 | 95.5599 |
| June | 98.4488 | 95.2659 | 97.1876 |
| July | 98.1156 | 95.8706 | 97.0722 |
| August | 99.0813 | 96.1921 | 97.5249 |
| September | 98.7727 | 96.4656 | 97.3057 |
| October | 97.8579 | 95.9943 | 96.8147 |
| November | 96.8895 | 95.2929 | 95.9876 |
| December | 98.1327 | 94.7744 | 96.5513 |