YEARLY HIGH
0.0172 JMD
YEARLY LOW
0.0136 JMD
YEARLY AVERAGE
0.0151 JMD

2016 GNF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0172. Conversely, the yearly low was recorded on December 22, dropping to 0.0136.

This high-to-low spread represents a total annual volatility of 0.0036 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0156 to the December average rate of 0.0139, the exchange rate registered a net change of -10.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0172 was up 1.14% compared to the 2015 peak of 0.0170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 86 JMD
2015 Average 79 JMD
Yearly Trough Low 68 JMD
Transaction Impact: A difference of 17.97 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0170
0.0136
JanuMarcMayJulySeptNove

GNF 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 0.0161, compared to 0.0141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0161
H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0032 JMD (High: 0.0172 / Low: 0.0139). On the other end, March was the most stable month, with a tight range of 0.0002 JMD (High: 0.0160 / Low: 0.0159).

June Spread (Volatile) ±0.0032
March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0021 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0162) against the same month in 2015 (average: 0.0157), the exchange rate shifted by +0.0005 (+3.21%).

2016 Avg (June) 0.0162
2015 Avg (June) 0.0157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0157 0.0155 0.0156
February 0.0159 0.0155 0.0157
March 0.0160 0.0159 0.0160
April 0.0163 0.0160 0.0161
May 0.0170 0.0162 0.0167
June 0.0172 0.0139 0.0162
July 0.0144 0.0140 0.0141
August 0.0142 0.0138 0.0140
September 0.0141 0.0139 0.0140
October 0.0142 0.0140 0.0141
November 0.0143 0.0140 0.0142
December 0.0141 0.0136 0.0139