YEARLY HIGH
0.1122 JMD
YEARLY LOW
0.1055 JMD
YEARLY AVERAGE
0.1098 JMD

2016 IQD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.1122. Conversely, the yearly low was recorded on May 23, dropping to 0.1055.

This high-to-low spread represents a total annual volatility of 0.0067 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1103 to the December average rate of 0.1096, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1122 was up 0.37% compared to the 2015 peak of 0.1118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 561 JMD
2015 Average 502 JMD
Yearly Trough Low 527 JMD
Transaction Impact: A difference of 33.58 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1121
0.1064
JanuMarcMayJulySeptNove

IQD 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 0.1101, compared to 0.1096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1101
H2 Avg (Jul–Dec) 0.1096

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0063 JMD (High: 0.1118 / Low: 0.1055). On the other end, March was the most stable month, with a tight range of 0.0004 JMD (High: 0.1118 / Low: 0.1114).

May Spread (Volatile) ±0.0063
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0023 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.1113) against the same month in 2015 (average: 0.1079), the exchange rate shifted by +0.0033 (+3.10%).

2016 Avg (November) 0.1113
2015 Avg (November) 0.1079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1116 0.1091 0.1103
February 0.1118 0.1108 0.1114
March 0.1118 0.1114 0.1116
April 0.1120 0.1100 0.1113
May 0.1118 0.1055 0.1090
June 0.1084 0.1055 0.1069
July 0.1086 0.1080 0.1083
August 0.1094 0.1081 0.1087
September 0.1098 0.1088 0.1093
October 0.1108 0.1095 0.1103
November 0.1122 0.1093 0.1113
December 0.1119 0.1088 0.1096