YEARLY HIGH
250.0541 IRR
YEARLY LOW
231.9793 IRR
YEARLY AVERAGE
241.1466 IRR

2016 JMD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 250.0541. Conversely, the yearly low was recorded on December 19, dropping to 231.9793.

This high-to-low spread represents a total annual volatility of 18.0748 IRR. From a start-to-finish perspective, comparing the January average rate of 249.0628 to the December average rate of 233.3182, the exchange rate registered a net change of -6.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 250.0541 was down 2.41% compared to the 2015 peak of 256.2359, 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 1,250,271 IRR
2015 Average 1,239,419 IRR
Yearly Trough Low 1,159,897 IRR
Transaction Impact: A difference of 90,373.96 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

250.6808
231.2647
JanuMarcMayJulySeptNove

JMD to IRR 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 246.9118, compared to 235.3814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.5304 points.

H1 Avg (Jan–Jun) 246.9118
H2 Avg (Jul–Dec) 235.3814

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 5.0909 IRR (High: 243.2560 / Low: 238.1651). On the other end, March was the most stable month, with a tight range of 1.0896 IRR (High: 249.3228 / Low: 248.2332).

June Spread (Volatile) ±5.0909
March Spread (Stable) ±1.0896

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 3.7383 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.7383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 249.0628) against the same month in 2015 (average: 237.1149), the exchange rate shifted by +11.9479 (+5.04%).

2016 Avg (January) 249.0628
2015 Avg (January) 237.1149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 250.0541 246.7763 249.0628
February 249.8967 247.6080 248.9311
March 249.3228 248.2332 248.7358
April 248.7484 245.9848 247.9104
May 246.8638 242.7957 244.7872
June 243.2560 238.1651 242.0435
July 241.0114 237.1829 238.3052
August 238.2003 235.9703 237.2184
September 236.7965 235.4532 236.1116
October 236.1347 232.8979 234.4521
November 233.6443 232.1242 232.8828
December 234.0394 231.9793 233.3182