YEARLY HIGH
0.5675 INR
YEARLY LOW
0.5140 INR
YEARLY AVERAGE
0.5374 INR

2016 JMD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.5675. Conversely, the yearly low was recorded on November 9, dropping to 0.5140.

This high-to-low spread represents a total annual volatility of 0.0535 INR. From a start-to-finish perspective, comparing the January average rate of 0.5585 to the December average rate of 0.5261, the exchange rate registered a net change of -5.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5675 was down 0.28% compared to the 2015 peak of 0.5691, 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 2,837 INR
2015 Average 2,745 INR
Yearly Trough Low 2,570 INR
Transaction Impact: A difference of 267.28 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5674
0.5159
JanuMarcMayJulySeptNove

JMD to INR 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 0.5492, compared to 0.5255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0237 points.

H1 Avg (Jan–Jun) 0.5492
H2 Avg (Jul–Dec) 0.5255

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0190 INR (High: 0.5330 / Low: 0.5140). On the other end, August was the most stable month, with a tight range of 0.0032 INR (High: 0.5300 / Low: 0.5268).

November Spread (Volatile) ±0.0190
August Spread (Stable) ±0.0032

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 February and March, when the average rate fell by 0.0125 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.5631) against the same month in 2015 (average: 0.5370), the exchange rate shifted by +0.0262 (+4.87%).

2016 Avg (February) 0.5631
2015 Avg (February) 0.5370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5641 0.5510 0.5585
February 0.5675 0.5590 0.5631
March 0.5589 0.5447 0.5507
April 0.5475 0.5400 0.5449
May 0.5441 0.5373 0.5413
June 0.5425 0.5328 0.5368
July 0.5331 0.5274 0.5309
August 0.5300 0.5268 0.5281
September 0.5269 0.5205 0.5240
October 0.5229 0.5169 0.5202
November 0.5330 0.5140 0.5240
December 0.5305 0.5215 0.5261