YEARLY HIGH
1.2242 LKR
YEARLY LOW
1.1409 LKR
YEARLY AVERAGE
1.1688 LKR

2016 JMD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 1.2242. Conversely, the yearly low was recorded on September 12, dropping to 1.1409.

This high-to-low spread represents a total annual volatility of 0.0833 LKR. From a start-to-finish perspective, comparing the January average rate of 1.1958 to the December average rate of 1.1571, the exchange rate registered a net change of -3.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2242 was up 1.56% compared to the 2015 peak of 1.2054, 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 6,121 LKR
2015 Average 5,821 LKR
Yearly Trough Low 5,704 LKR
Transaction Impact: A difference of 416.75 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2027
1.1390
JanuMarcMayJulySeptNove

JMD to LKR 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 1.1880, compared to 1.1496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0385 points.

H1 Avg (Jan–Jun) 1.1880
H2 Avg (Jul–Dec) 1.1496

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0359 LKR (High: 1.2242 / Low: 1.1883). On the other end, July was the most stable month, with a tight range of 0.0090 LKR (High: 1.1574 / Low: 1.1484).

March Spread (Volatile) ±0.0359
July Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0172 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 1.1974) against the same month in 2015 (average: 1.1559), the exchange rate shifted by +0.0415 (+3.59%).

2016 Avg (March) 1.1974
2015 Avg (March) 1.1559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2035 1.1906 1.1958
February 1.1954 1.1845 1.1891
March 1.2242 1.1883 1.1974
April 1.2065 1.1864 1.1943
May 1.1919 1.1771 1.1844
June 1.1891 1.1540 1.1672
July 1.1574 1.1484 1.1533
August 1.1555 1.1438 1.1484
September 1.1500 1.1409 1.1443
October 1.1507 1.1412 1.1464
November 1.1539 1.1429 1.1480
December 1.1637 1.1493 1.1571