YEARLY HIGH
0.0446 JMD
YEARLY LOW
0.0355 JMD
YEARLY AVERAGE
0.0411 JMD

2016 COP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the COP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0446. Conversely, the yearly low was recorded on February 11, dropping to 0.0355.

This high-to-low spread represents a total annual volatility of 0.0090 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0367 to the December average rate of 0.0428, the exchange rate registered a net change of 16.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0446 was down 8.74% compared to the 2015 peak of 0.0488, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 222,836 JMD
2015 Average 214,811 JMD
Yearly Trough Low 177,605 JMD
Transaction Impact: A difference of 45,230.98 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0445
0.0354
JanuMarcMayJulySeptNove

COP 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 0.0393, compared to 0.0429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0393
H2 Avg (Jul–Dec) 0.0429

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0036 JMD (High: 0.0429 / Low: 0.0393). On the other end, October was the most stable month, with a tight range of 0.0011 JMD (High: 0.0443 / Low: 0.0432).

April Spread (Volatile) ±0.0036
October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0022 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 0.0436) against the same month in 2015 (average: 0.0385), the exchange rate shifted by +0.0051 (+13.21%).

2016 Avg (September) 0.0436
2015 Avg (September) 0.0385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0378 0.0357 0.0367
February 0.0366 0.0355 0.0361
March 0.0404 0.0372 0.0389
April 0.0429 0.0393 0.0407
May 0.0432 0.0405 0.0413
June 0.0429 0.0402 0.0420
July 0.0433 0.0410 0.0427
August 0.0444 0.0408 0.0429
September 0.0446 0.0428 0.0436
October 0.0443 0.0432 0.0438
November 0.0431 0.0406 0.0415
December 0.0433 0.0417 0.0428