YEARLY HIGH
187.8610 JMD
YEARLY LOW
156.0675 JMD
YEARLY AVERAGE
169.3299 JMD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 939,305 JMD
2015 Average 892,545 JMD
Yearly Trough Low 780,337 JMD
Transaction Impact: A difference of 158,967.64 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

181.5425
156.3008
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 175.3617
H2 Avg (Jul–Dec) 163.2980

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±22.2243
November Spread (Stable) ±5.0794

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -11.6191

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (June) 177.9737
2015 Avg (June) 180.4763

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