YEARLY HIGH
0.0167 BBD
YEARLY LOW
0.0154 BBD
YEARLY AVERAGE
0.0160 BBD

2016 JMD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0167. Conversely, the yearly low was recorded on November 17, dropping to 0.0154.

This high-to-low spread represents a total annual volatility of 0.0012 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0166 to the December average rate of 0.0155, the exchange rate registered a net change of -6.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0167 was down 4.77% compared to the 2015 peak of 0.0175, 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 83 BBD
2015 Average 86 BBD
Yearly Trough Low 77 BBD
Transaction Impact: A difference of 6.16 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0167
0.0154
JanuMarcMayJulySeptNove

JMD to BBD 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 0.0163, compared to 0.0157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0163
H2 Avg (Jul–Dec) 0.0157

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0003 BBD (High: 0.0163 / Low: 0.0160). On the other end, March was the most stable month, with a tight range of 0.0001 BBD (High: 0.0165 / Low: 0.0164).

May Spread (Volatile) ±0.0003
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0166) against the same month in 2015 (average: 0.0174), the exchange rate shifted by -0.0008 (-4.56%).

2016 Avg (January) 0.0166
2015 Avg (January) 0.0174

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0167 0.0165 0.0166
February 0.0166 0.0164 0.0165
March 0.0165 0.0164 0.0165
April 0.0165 0.0163 0.0164
May 0.0163 0.0160 0.0162
June 0.0160 0.0158 0.0160
July 0.0159 0.0158 0.0158
August 0.0158 0.0157 0.0158
September 0.0157 0.0157 0.0157
October 0.0157 0.0155 0.0156
November 0.0155 0.0154 0.0155
December 0.0156 0.0155 0.0155