YEARLY HIGH
2.8786 MRO
YEARLY LOW
2.5692 MRO
YEARLY AVERAGE
2.8062 MRO

2016 JMD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 2.8786. Conversely, the yearly low was recorded on January 6, dropping to 2.5692.

This high-to-low spread represents a total annual volatility of 0.3094 MRO. From a start-to-finish perspective, comparing the January average rate of 2.7779 to the December average rate of 2.7783, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.8786 was up 1.21% compared to the 2015 peak of 2.8441, 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 14,393 MRO
2015 Average 13,247 MRO
Yearly Trough Low 12,846 MRO
Transaction Impact: A difference of 1,546.80 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.8516
2.7610
JanuMarcMayJulySeptNove

JMD to MRO 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 2.8241, compared to 2.7884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0357 points.

H1 Avg (Jan–Jun) 2.8241
H2 Avg (Jul–Dec) 2.7884

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.2920 MRO (High: 2.8612 / Low: 2.5692). On the other end, September was the most stable month, with a tight range of 0.0121 MRO (High: 2.7997 / Low: 2.7876).

January Spread (Volatile) ±0.2920
September Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0328 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 2.8441) against the same month in 2015 (average: 2.7125), the exchange rate shifted by +0.1315 (+4.85%).

2016 Avg (May) 2.8441
2015 Avg (May) 2.7125

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8612 2.5692 2.7779
February 2.8433 2.7186 2.8203
March 2.8594 2.8094 2.8287
April 2.8524 2.8093 2.8338
May 2.8786 2.7917 2.8441
June 2.8578 2.8109 2.8397
July 2.8145 2.7981 2.8068
August 2.8138 2.7949 2.8036
September 2.7997 2.7876 2.7935
October 2.7913 2.7607 2.7796
November 2.7777 2.7578 2.7685
December 2.7936 2.7650 2.7783