2016 JMD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JMD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JMD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 73.6505. Conversely, the yearly low was recorded on June 5, dropping to 58.2334.
This high-to-low spread represents a total annual volatility of 15.4172 GNF. From a start-to-finish perspective, comparing the January average rate of 64.2190 to the December average rate of 71.9862, the exchange rate registered a net change of 12.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 73.6505 was up 10.62% compared to the 2015 peak of 66.5826, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
JMD to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 62.3925, compared to 71.1498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.7572 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 13.5382 GNF (High: 71.7716 / Low: 58.2334). On the other end, March was the most stable month, with a tight range of 0.7796 GNF (High: 63.0859 / Low: 62.3063).
Growth Streaks & Declines
TrendsBetween 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 2.3511 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 71.9862) against the same month in 2015 (average: 64.4898), the exchange rate shifted by +7.4964 (+11.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.6114 | 63.7797 | 64.2190 |
| February | 64.3141 | 62.9628 | 63.5202 |
| March | 63.0859 | 62.3063 | 62.6733 |
| April | 62.4977 | 61.3943 | 62.1764 |
| May | 61.6065 | 58.8243 | 59.8254 |
| June | 71.7716 | 58.2334 | 61.9410 |
| July | 71.4800 | 69.6609 | 70.7629 |
| August | 72.2273 | 70.5799 | 71.3543 |
| September | 71.8398 | 70.8200 | 71.3259 |
| October | 71.6046 | 70.2464 | 70.8267 |
| November | 71.1997 | 69.8251 | 70.6425 |
| December | 73.6505 | 70.9376 | 71.9862 |