YEARLY HIGH
3.0972 JMD
YEARLY LOW
2.8334 JMD
YEARLY AVERAGE
2.9808 JMD

2016 GMD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GMD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 3.0972. Conversely, the yearly low was recorded on March 29, dropping to 2.8334.

This high-to-low spread represents a total annual volatility of 0.2638 JMD. From a start-to-finish perspective, comparing the January average rate of 3.0495 to the December average rate of 3.0109, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.0972 was down 0.11% compared to the 2015 peak of 3.1007, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,486 JMD
2015 Average 14,210 JMD
Yearly Trough Low 14,167 JMD
Transaction Impact: A difference of 1,319.15 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.0924
2.8379
JanuMarcMayJulySeptNove

GMD 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 2.9673, compared to 2.9943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0271 points.

H1 Avg (Jan–Jun) 2.9673
H2 Avg (Jul–Dec) 2.9943

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.2638 JMD (High: 3.0972 / Low: 2.8334). On the other end, July was the most stable month, with a tight range of 0.0236 JMD (High: 2.9772 / Low: 2.9536).

March Spread (Volatile) ±0.2638
July Spread (Stable) ±0.0236

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1361 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.1361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 2.9952) against the same month in 2015 (average: 2.6757), the exchange rate shifted by +0.3195 (+11.94%).

2016 Avg (March) 2.9952
2015 Avg (March) 2.6757

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0759 3.0347 3.0495
February 3.0959 3.0570 3.0712
March 3.0972 2.8334 2.9952
April 2.8856 2.8408 2.8591
May 2.9284 2.8631 2.8929
June 2.9623 2.9176 2.9358
July 2.9772 2.9536 2.9631
August 2.9987 2.9480 2.9717
September 3.0041 2.9751 2.9897
October 3.0321 2.9852 3.0062
November 3.0474 2.9952 3.0244
December 3.0369 2.9837 3.0109