YEARLY HIGH
0.0576 BOB
YEARLY LOW
0.0534 BOB
YEARLY AVERAGE
0.0552 BOB

2016 JMD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0576. Conversely, the yearly low was recorded on November 12, dropping to 0.0534.

This high-to-low spread represents a total annual volatility of 0.0042 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0573 to the December average rate of 0.0537, the exchange rate registered a net change of -6.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0576 was down 4.76% compared to the 2015 peak of 0.0605, 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 288 BOB
2015 Average 296 BOB
Yearly Trough Low 267 BOB
Transaction Impact: A difference of 20.78 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0577
0.0532
JanuMarcMayJulySeptNove

JMD to BOB 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 0.0563, compared to 0.0541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0563
H2 Avg (Jul–Dec) 0.0541

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0012 BOB (High: 0.0564 / Low: 0.0552). On the other end, November was the most stable month, with a tight range of 0.0003 BOB (High: 0.0537 / Low: 0.0534).

May Spread (Volatile) ±0.0012
November Spread (Stable) ±0.0003

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 May and June, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0573) against the same month in 2015 (average: 0.0601), the exchange rate shifted by -0.0028 (-4.63%).

2016 Avg (January) 0.0573
2015 Avg (January) 0.0601

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0576 0.0570 0.0573
February 0.0571 0.0566 0.0569
March 0.0566 0.0561 0.0563
April 0.0567 0.0560 0.0564
May 0.0564 0.0552 0.0558
June 0.0553 0.0544 0.0550
July 0.0547 0.0543 0.0545
August 0.0547 0.0544 0.0546
September 0.0545 0.0541 0.0543
October 0.0542 0.0535 0.0539
November 0.0537 0.0534 0.0536
December 0.0539 0.0535 0.0537