YEARLY HIGH
0.0064 GBP
YEARLY LOW
0.0053 GBP
YEARLY AVERAGE
0.0059 GBP

2016 JMD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.0064. Conversely, the yearly low was recorded on June 23, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0011 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0058 to the December average rate of 0.0062, the exchange rate registered a net change of 7.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0064 was up 7.47% compared to the 2015 peak of 0.0060, 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 32 GBP
2015 Average 28 GBP
Yearly Trough Low 27 GBP
Transaction Impact: A difference of 5.42 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0064
0.0055
JanuMarcMayJulySeptNove

JMD to GBP 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 0.0057, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0057
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0007 GBP (High: 0.0060 / Low: 0.0053). On the other end, September was the most stable month, with a tight range of 0.0002 GBP (High: 0.0060 / Low: 0.0059).

June Spread (Volatile) ±0.0007
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0063) against the same month in 2015 (average: 0.0055), the exchange rate shifted by +0.0008 (+15.40%).

2016 Avg (October) 0.0063
2015 Avg (October) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0059 0.0056 0.0058
February 0.0060 0.0057 0.0058
March 0.0059 0.0057 0.0058
April 0.0058 0.0056 0.0057
May 0.0057 0.0055 0.0056
June 0.0060 0.0053 0.0056
July 0.0061 0.0059 0.0060
August 0.0061 0.0059 0.0060
September 0.0060 0.0059 0.0060
October 0.0064 0.0060 0.0063
November 0.0063 0.0061 0.0062
December 0.0064 0.0061 0.0062