YEARLY HIGH
0.8535 CVE
YEARLY LOW
0.7672 CVE
YEARLY AVERAGE
0.7970 CVE

2016 JMD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.8535. Conversely, the yearly low was recorded on August 19, dropping to 0.7672.

This high-to-low spread represents a total annual volatility of 0.0862 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8425 to the December average rate of 0.8118, the exchange rate registered a net change of -3.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8535 was down 5.72% compared to the 2015 peak of 0.9052, 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 4,267 CVE
2015 Average 4,252 CVE
Yearly Trough Low 3,836 CVE
Transaction Impact: A difference of 431.22 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8495
0.7651
JanuMarcMayJulySeptNove

JMD to CVE 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 0.8079, compared to 0.7862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 0.8079
H2 Avg (Jul–Dec) 0.7862

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0401 CVE (High: 0.8091 / Low: 0.7689). On the other end, September was the most stable month, with a tight range of 0.0081 CVE (High: 0.7772 / Low: 0.7691).

November Spread (Volatile) ±0.0401
September Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0225 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.8425) against the same month in 2015 (average: 0.8231), the exchange rate shifted by +0.0194 (+2.35%).

2016 Avg (January) 0.8425
2015 Avg (January) 0.8231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8535 0.8378 0.8425
February 0.8380 0.8069 0.8200
March 0.8369 0.8008 0.8165
April 0.8029 0.7849 0.7977
May 0.7934 0.7801 0.7870
June 0.7966 0.7736 0.7835
July 0.7940 0.7811 0.7873
August 0.7860 0.7672 0.7760
September 0.7772 0.7691 0.7722
October 0.7884 0.7696 0.7789
November 0.8091 0.7689 0.7910
December 0.8288 0.7970 0.8118