YEARLY HIGH
63.4630 JMD
YEARLY LOW
55.2646 JMD
YEARLY AVERAGE
59.9979 JMD

2016 FJD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 63.4630. Conversely, the yearly low was recorded on January 18, dropping to 55.2646.

This high-to-low spread represents a total annual volatility of 8.1984 JMD. From a start-to-finish perspective, comparing the January average rate of 55.9329 to the December average rate of 61.2883, the exchange rate registered a net change of 9.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 63.4630 was up 9.46% compared to the 2015 peak of 57.9772, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 317,315 JMD
2015 Average 279,551 JMD
Yearly Trough Low 276,323 JMD
Transaction Impact: A difference of 40,992.00 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

62.9581
55.2942
JanuMarcMayJulySeptNove

FJD 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 58.1332, compared to 61.8625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7293 points.

H1 Avg (Jan–Jun) 58.1332
H2 Avg (Jul–Dec) 61.8625

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.2370 JMD (High: 63.4630 / Low: 61.2260). On the other end, September was the most stable month, with a tight range of 0.7729 JMD (High: 62.5102 / Low: 61.7372).

November Spread (Volatile) ±2.2370
September Spread (Stable) ±0.7729

Growth Streaks & Declines

Trends

Between May and October, 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 November and December, when the average rate fell by 0.9894 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9894

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 62.2778) against the same month in 2015 (average: 55.5356), the exchange rate shifted by +6.7422 (+12.14%).

2016 Avg (November) 62.2778
2015 Avg (November) 55.5356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.6166 55.2646 55.9329
February 57.3037 56.0051 56.7844
March 58.8433 56.8893 58.0184
April 59.5964 58.2813 58.9796
May 59.7088 58.5138 58.8504
June 61.2560 59.0325 60.2338
July 61.9751 60.7924 61.3140
August 62.2104 61.2992 61.8221
September 62.5102 61.7372 62.1533
October 62.7861 61.7500 62.3194
November 63.4630 61.2260 62.2778
December 62.0366 60.2509 61.2883