YEARLY HIGH
9.4814 IQD
YEARLY LOW
8.9139 IQD
YEARLY AVERAGE
9.1074 IQD

2016 JMD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 9.4814. Conversely, the yearly low was recorded on November 17, dropping to 8.9139.

This high-to-low spread represents a total annual volatility of 0.5675 IQD. From a start-to-finish perspective, comparing the January average rate of 9.0658 to the December average rate of 9.1243, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 9.4814 was down 9.05% compared to the 2015 peak of 10.4245, 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 47,407 IQD
2015 Average 49,901 IQD
Yearly Trough Low 44,570 IQD
Transaction Impact: A difference of 2,837.66 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

9.3970
8.9189
JanuMarcMayJulySeptNove

JMD to IQD 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 9.0883, compared to 9.1266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0383 points.

H1 Avg (Jan–Jun) 9.0883
H2 Avg (Jul–Dec) 9.1266

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.5332 IQD (High: 9.4814 / Low: 8.9482). On the other end, March was the most stable month, with a tight range of 0.0286 IQD (High: 8.9739 / Low: 8.9453).

May Spread (Volatile) ±0.5332
March Spread (Stable) ±0.0286

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.1199 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 9.1822) against the same month in 2015 (average: 10.2649), the exchange rate shifted by -1.0827 (-10.55%).

2016 Avg (May) 9.1822
2015 Avg (May) 10.2649

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.1650 8.9576 9.0658
February 9.0227 8.9475 8.9804
March 8.9739 8.9453 8.9587
April 9.0885 8.9274 8.9854
May 9.4814 8.9482 9.1822
June 9.4768 9.2274 9.3572
July 9.2610 9.2052 9.2373
August 9.2510 9.1376 9.1970
September 9.1934 9.1063 9.1456
October 9.1303 9.0221 9.0691
November 9.1521 8.9139 8.9863
December 9.1898 8.9357 9.1243