YEARLY HIGH
10.9042 MMK
YEARLY LOW
9.2206 MMK
YEARLY AVERAGE
9.8799 MMK

2016 JMD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 10.9042. Conversely, the yearly low was recorded on July 7, dropping to 9.2206.

This high-to-low spread represents a total annual volatility of 1.6836 MMK. From a start-to-finish perspective, comparing the January average rate of 10.7879 to the December average rate of 10.4716, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 10.9042 was down 0.60% compared to the 2015 peak of 10.9695, 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 54,521 MMK
2015 Average 47,449 MMK
Yearly Trough Low 46,103 MMK
Transaction Impact: A difference of 8,418.00 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10.9348
9.1717
JanuMarcMayJulySeptNove

JMD to MMK 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 9.9562, compared to 9.8037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1525 points.

H1 Avg (Jan–Jun) 9.9562
H2 Avg (Jul–Dec) 9.8037

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.6169 MMK (High: 10.7152 / Low: 10.0983). On the other end, May was the most stable month, with a tight range of 0.1313 MMK (High: 9.5579 / Low: 9.4267).

February Spread (Volatile) ±0.6169
May Spread (Stable) ±0.1313

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5041 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.5041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 10.7879) against the same month in 2015 (average: 8.9513), the exchange rate shifted by +1.8366 (+20.52%).

2016 Avg (January) 10.7879
2015 Avg (January) 8.9513

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9042 10.6940 10.7879
February 10.7152 10.0983 10.2838
March 10.2306 9.9174 10.0103
April 9.9976 9.5159 9.6979
May 9.5579 9.4267 9.4831
June 9.5759 9.3133 9.4742
July 9.4056 9.2206 9.3187
August 9.5197 9.3443 9.4114
September 9.8687 9.4413 9.6476
October 10.0154 9.7632 9.9263
November 10.2010 9.8717 10.0465
December 10.7607 10.2005 10.4716