YEARLY HIGH
16.7018 JMD
YEARLY LOW
15.3680 JMD
YEARLY AVERAGE
16.1153 JMD

2016 HKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 16.7018. Conversely, the yearly low was recorded on January 19, dropping to 15.3680.

This high-to-low spread represents a total annual volatility of 1.3338 JMD. From a start-to-finish perspective, comparing the January average rate of 15.4830 to the December average rate of 16.6142, the exchange rate registered a net change of 7.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 16.7018 was up 7.74% compared to the 2015 peak of 15.5020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 417,545 JMD
2015 Average 376,626 JMD
Yearly Trough Low 384,200 JMD
Transaction Impact: A difference of 33,344.38 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

16.7682
15.3662
JanuMarcMayJulySeptNove

HKD 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 15.7517, compared to 16.4789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7272 points.

H1 Avg (Jan–Jun) 15.7517
H2 Avg (Jul–Dec) 16.4789

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.2822 JMD (High: 16.0730 / Low: 15.7908). On the other end, March was the most stable month, with a tight range of 0.0815 JMD (High: 15.6894 / Low: 15.6079).

May Spread (Volatile) ±0.2822
March Spread (Stable) ±0.0815

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0371 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 16.6513) against the same month in 2015 (average: 15.4021), the exchange rate shifted by +1.2492 (+8.11%).

2016 Avg (November) 16.6513
2015 Avg (November) 15.4021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.6146 15.3680 15.4830
February 15.6453 15.4831 15.5736
March 15.6894 15.6079 15.6576
April 15.8515 15.6683 15.7251
May 16.0730 15.7908 15.9293
June 16.2952 16.0389 16.1416
July 16.3602 16.2580 16.3053
August 16.4258 16.2712 16.3443
September 16.4687 16.3801 16.4232
October 16.6534 16.4181 16.5349
November 16.7018 16.5950 16.6513
December 16.6926 16.5585 16.6142