YEARLY HIGH
0.1985 JMD
YEARLY LOW
0.1643 JMD
YEARLY AVERAGE
0.1851 JMD

2016 CLP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CLP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.1985. Conversely, the yearly low was recorded on January 11, dropping to 0.1643.

This high-to-low spread represents a total annual volatility of 0.0341 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1671 to the December average rate of 0.1932, the exchange rate registered a net change of 15.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1985 was up 2.22% compared to the 2015 peak of 0.1941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 198,453 JMD
2015 Average 178,934 JMD
Yearly Trough Low 164,325 JMD
Transaction Impact: A difference of 34,128.17 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1962
0.1644
JanuMarcMayJulySeptNove

CLP 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 0.1777, compared to 0.1925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.1777
H2 Avg (Jul–Dec) 0.1925

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0098 JMD (High: 0.1902 / Low: 0.1804). On the other end, July was the most stable month, with a tight range of 0.0041 JMD (High: 0.1945 / Low: 0.1904).

June Spread (Volatile) ±0.0098
July Spread (Stable) ±0.0041

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 August and September, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.1936) against the same month in 2015 (average: 0.1693), the exchange rate shifted by +0.0242 (+14.31%).

2016 Avg (November) 0.1936
2015 Avg (November) 0.1693

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1704 0.1643 0.1671
February 0.1755 0.1696 0.1725
March 0.1814 0.1750 0.1788
April 0.1861 0.1780 0.1821
May 0.1860 0.1785 0.1814
June 0.1902 0.1804 0.1841
July 0.1945 0.1904 0.1924
August 0.1961 0.1882 0.1922
September 0.1938 0.1871 0.1905
October 0.1982 0.1908 0.1934
November 0.1985 0.1902 0.1936
December 0.1980 0.1901 0.1932