2016 FKP to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FKP to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FKP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 187.8610. Conversely, the yearly low was recorded on October 15, dropping to 156.0675.
This high-to-low spread represents a total annual volatility of 31.7935 JMD. From a start-to-finish perspective, comparing the January average rate of 173.5147 to the December average rate of 160.8281, the exchange rate registered a net change of -7.31% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 187.8610 was up 1.67% compared to the 2015 peak of 184.7831, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FKP 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 175.3617, compared to 163.2980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.0636 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 22.2243 JMD (High: 187.8610 / Low: 165.6367). On the other end, November was the most stable month, with a tight range of 5.0794 JMD (High: 163.0863 / Low: 158.0069).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 11.6191 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 177.9737) against the same month in 2015 (average: 180.4763), the exchange rate shifted by -2.5025 (-1.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 177.2888 | 170.0651 | 173.5147 |
| February | 176.4260 | 168.0559 | 173.4572 |
| March | 176.1345 | 169.4461 | 173.3238 |
| April | 179.6846 | 171.2037 | 174.4615 |
| May | 183.3480 | 176.5102 | 179.4390 |
| June | 187.8610 | 165.6367 | 177.9737 |
| July | 168.5172 | 163.2650 | 166.3546 |
| August | 168.5728 | 163.0235 | 165.9328 |
| September | 170.5043 | 165.3567 | 167.4711 |
| October | 165.4867 | 156.0675 | 158.4043 |
| November | 163.0863 | 158.0069 | 160.7973 |
| December | 164.4459 | 157.4237 | 160.8281 |