YEARLY HIGH
1.1694 JMD
YEARLY LOW
0.9182 JMD
YEARLY AVERAGE
1.0396 JMD

2016 ISK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 1.1694. Conversely, the yearly low was recorded on January 6, dropping to 0.9182.

This high-to-low spread represents a total annual volatility of 0.2512 JMD. From a start-to-finish perspective, comparing the January average rate of 0.9270 to the December average rate of 1.1448, the exchange rate registered a net change of 23.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1694 was up 21.70% compared to the 2015 peak of 0.9609, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,847 JMD
2015 Average 4,433 JMD
Yearly Trough Low 4,591 JMD
Transaction Impact: A difference of 1,256.18 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1728
0.9046
JanuMarcMayJulySeptNove

ISK 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 0.9725, compared to 1.1067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1342 points.

H1 Avg (Jan–Jun) 0.9725
H2 Avg (Jul–Dec) 1.1067

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0478 JMD (High: 0.9827 / Low: 0.9349). On the other end, May was the most stable month, with a tight range of 0.0136 JMD (High: 1.0095 / Low: 0.9960).

March Spread (Volatile) ±0.0478
May Spread (Stable) ±0.0136

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 0.0056 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 1.1504) against the same month in 2015 (average: 0.9102), the exchange rate shifted by +0.2402 (+26.39%).

2016 Avg (November) 1.1504
2015 Avg (November) 0.9102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9336 0.9182 0.9270
February 0.9580 0.9350 0.9470
March 0.9827 0.9349 0.9600
April 1.0025 0.9772 0.9842
May 1.0095 0.9960 1.0004
June 1.0355 1.0004 1.0161
July 1.0591 1.0275 1.0373
August 1.0924 1.0505 1.0739
September 1.1186 1.0953 1.1095
October 1.1437 1.1155 1.1241
November 1.1694 1.1380 1.1504
December 1.1685 1.1219 1.1448