YEARLY HIGH
0.5725 AFN
YEARLY LOW
0.5087 AFN
YEARLY AVERAGE
0.5424 AFN

2016 JMD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.5725. Conversely, the yearly low was recorded on December 31, dropping to 0.5087.

This high-to-low spread represents a total annual volatility of 0.0638 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5694 to the December average rate of 0.5155, the exchange rate registered a net change of -9.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5725 was down 0.31% compared to the 2015 peak of 0.5742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,862 AFN
2015 Average 2,620 AFN
Yearly Trough Low 2,543 AFN
Transaction Impact: A difference of 319.04 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5750
0.5079
JanuMarcMayJulySeptNove

JMD to AFN 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 0.5615, compared to 0.5233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0381 points.

H1 Avg (Jan–Jun) 0.5615
H2 Avg (Jul–Dec) 0.5233

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0266 AFN (High: 0.5439 / Low: 0.5173). On the other end, July was the most stable month, with a tight range of 0.0045 AFN (High: 0.5456 / Low: 0.5412).

August Spread (Volatile) ±0.0266
July Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0122 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.5694) against the same month in 2015 (average: 0.5020), the exchange rate shifted by +0.0674 (+13.42%).

2016 Avg (January) 0.5694
2015 Avg (January) 0.5020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5725 0.5647 0.5694
February 0.5717 0.5631 0.5681
March 0.5665 0.5614 0.5636
April 0.5642 0.5561 0.5612
May 0.5591 0.5516 0.5550
June 0.5549 0.5402 0.5516
July 0.5456 0.5412 0.5431
August 0.5439 0.5173 0.5308
September 0.5332 0.5146 0.5234
October 0.5174 0.5108 0.5135
November 0.5177 0.5093 0.5136
December 0.5182 0.5087 0.5155