YEARLY HIGH
0.0043 JMD
YEARLY LOW
0.0040 JMD
YEARLY AVERAGE
0.0041 JMD

2016 IRR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IRR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0043. Conversely, the yearly low was recorded on January 10, dropping to 0.0040.

This high-to-low spread represents a total annual volatility of 0.0003 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0043, the exchange rate registered a net change of 6.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0043 was up 1.64% compared to the 2015 peak of 0.0042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 JMD
2015 Average 20 JMD
Yearly Trough Low 20 JMD
Transaction Impact: A difference of 1.56 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0043
0.0040
JanuMarcMayJulySeptNove

IRR 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 0.0041, compared to 0.0042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0041
H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0001 JMD (High: 0.0042 / Low: 0.0041). On the other end, March was the most stable month, with a tight range of 0.0000 JMD (High: 0.0040 / Low: 0.0040).

June Spread (Volatile) ±0.0001
March Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0043) against the same month in 2015 (average: 0.0040), the exchange rate shifted by +0.0003 (+7.35%).

2016 Avg (December) 0.0043
2015 Avg (December) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0041 0.0040 0.0040
February 0.0040 0.0040 0.0040
March 0.0040 0.0040 0.0040
April 0.0041 0.0040 0.0040
May 0.0041 0.0041 0.0041
June 0.0042 0.0041 0.0041
July 0.0042 0.0041 0.0042
August 0.0042 0.0042 0.0042
September 0.0042 0.0042 0.0042
October 0.0043 0.0042 0.0043
November 0.0043 0.0043 0.0043
December 0.0043 0.0043 0.0043