YEARLY HIGH
0.1278 MVR
YEARLY LOW
0.1174 MVR
YEARLY AVERAGE
0.1221 MVR

2016 JMD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1278. Conversely, the yearly low was recorded on November 14, dropping to 0.1174.

This high-to-low spread represents a total annual volatility of 0.0104 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1271 to the December average rate of 0.1188, the exchange rate registered a net change of -6.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1278 was down 4.51% compared to the 2015 peak of 0.1338, 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 639 MVR
2015 Average 655 MVR
Yearly Trough Low 587 MVR
Transaction Impact: A difference of 52.00 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1280
0.1174
JanuMarcMayJulySeptNove

JMD to MVR 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 0.1249, compared to 0.1193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.1249
H2 Avg (Jul–Dec) 0.1193

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0038 MVR (High: 0.1227 / Low: 0.1189). On the other end, September was the most stable month, with a tight range of 0.0008 MVR (High: 0.1202 / Low: 0.1194).

June Spread (Volatile) ±0.0038
September Spread (Stable) ±0.0008

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 0.0019 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1271) against the same month in 2015 (average: 0.1328), the exchange rate shifted by -0.0057 (-4.32%).

2016 Avg (January) 0.1271
2015 Avg (January) 0.1328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1278 0.1257 0.1271
February 0.1271 0.1251 0.1262
March 0.1264 0.1249 0.1256
April 0.1262 0.1238 0.1251
May 0.1251 0.1221 0.1236
June 0.1227 0.1189 0.1219
July 0.1208 0.1194 0.1201
August 0.1204 0.1191 0.1198
September 0.1202 0.1194 0.1198
October 0.1199 0.1179 0.1190
November 0.1192 0.1174 0.1183
December 0.1196 0.1179 0.1188