YEARLY HIGH
0.0972 BWP
YEARLY LOW
0.0808 BWP
YEARLY AVERAGE
0.0872 BWP

2016 JMD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0972. Conversely, the yearly low was recorded on November 8, dropping to 0.0808.

This high-to-low spread represents a total annual volatility of 0.0164 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0956 to the December average rate of 0.0833, the exchange rate registered a net change of -12.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0972 was up 2.92% compared to the 2015 peak of 0.0944, 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 486 BWP
2015 Average 434 BWP
Yearly Trough Low 404 BWP
Transaction Impact: A difference of 82.08 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0969
0.0815
JanuMarcMayJulySeptNove

JMD to BWP 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 0.0909, compared to 0.0834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.0909
H2 Avg (Jul–Dec) 0.0834

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0047 BWP (High: 0.0899 / Low: 0.0852). On the other end, December was the most stable month, with a tight range of 0.0022 BWP (High: 0.0843 / Low: 0.0821).

June Spread (Volatile) ±0.0047
December Spread (Stable) ±0.0022

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 March and April, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0956) against the same month in 2015 (average: 0.0834), the exchange rate shifted by +0.0122 (+14.69%).

2016 Avg (January) 0.0956
2015 Avg (January) 0.0834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0972 0.0939 0.0956
February 0.0945 0.0913 0.0930
March 0.0937 0.0893 0.0917
April 0.0906 0.0862 0.0886
May 0.0904 0.0864 0.0889
June 0.0899 0.0852 0.0877
July 0.0864 0.0840 0.0852
August 0.0848 0.0812 0.0828
September 0.0854 0.0816 0.0835
October 0.0843 0.0814 0.0829
November 0.0848 0.0808 0.0829
December 0.0843 0.0821 0.0833