YEARLY HIGH
0.8542 KES
YEARLY LOW
0.7855 KES
YEARLY AVERAGE
0.8120 KES

2016 JMD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.8542. Conversely, the yearly low was recorded on November 9, dropping to 0.7855.

This high-to-low spread represents a total annual volatility of 0.0687 KES. From a start-to-finish perspective, comparing the January average rate of 0.8497 to the December average rate of 0.7927, the exchange rate registered a net change of -6.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8542 was down 5.02% compared to the 2015 peak of 0.8993, 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 4,271 KES
2015 Average 4,204 KES
Yearly Trough Low 3,928 KES
Transaction Impact: A difference of 343.52 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8559
0.7817
JanuMarcMayJulySeptNove

JMD to KES 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 0.8296, compared to 0.7944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0353 points.

H1 Avg (Jan–Jun) 0.8296
H2 Avg (Jul–Dec) 0.7944

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0161 KES (High: 0.8234 / Low: 0.8074). On the other end, September was the most stable month, with a tight range of 0.0047 KES (High: 0.7971 / Low: 0.7924).

May Spread (Volatile) ±0.0161
September Spread (Stable) ±0.0047

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 April and May, when the average rate fell by 0.0155 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.8497) against the same month in 2015 (average: 0.7947), the exchange rate shifted by +0.0550 (+6.92%).

2016 Avg (January) 0.8497
2015 Avg (January) 0.7947

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8542 0.8454 0.8497
February 0.8481 0.8365 0.8412
March 0.8377 0.8320 0.8350
April 0.8343 0.8218 0.8301
May 0.8234 0.8074 0.8146
June 0.8107 0.8006 0.8072
July 0.8039 0.7974 0.8010
August 0.8029 0.7960 0.7999
September 0.7971 0.7924 0.7948
October 0.7952 0.7856 0.7899
November 0.7908 0.7855 0.7879
December 0.7967 0.7886 0.7927