YEARLY HIGH
0.9073 NPR
YEARLY LOW
0.8243 NPR
YEARLY AVERAGE
0.8596 NPR

2016 JMD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.9073. Conversely, the yearly low was recorded on November 10, dropping to 0.8243.

This high-to-low spread represents a total annual volatility of 0.0830 NPR. From a start-to-finish perspective, comparing the January average rate of 0.8936 to the December average rate of 0.8422, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9073 was down 0.02% compared to the 2015 peak of 0.9075, 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 4,537 NPR
2015 Average 4,393 NPR
Yearly Trough Low 4,122 NPR
Transaction Impact: A difference of 415.00 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9074
0.8250
JanuMarcMayJulySeptNove

JMD to NPR 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 0.8786, compared to 0.8406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0380 points.

H1 Avg (Jan–Jun) 0.8786
H2 Avg (Jul–Dec) 0.8406

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0274 NPR (High: 0.8517 / Low: 0.8243). On the other end, August was the most stable month, with a tight range of 0.0047 NPR (High: 0.8467 / Low: 0.8420).

November Spread (Volatile) ±0.0274
August Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0193 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.9005) against the same month in 2015 (average: 0.8593), the exchange rate shifted by +0.0412 (+4.80%).

2016 Avg (February) 0.9005
2015 Avg (February) 0.8593

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9029 0.8823 0.8936
February 0.9073 0.8936 0.9005
March 0.8975 0.8723 0.8812
April 0.8759 0.8631 0.8720
May 0.8693 0.8597 0.8654
June 0.8668 0.8536 0.8591
July 0.8534 0.8462 0.8499
August 0.8467 0.8420 0.8444
September 0.8423 0.8334 0.8384
October 0.8349 0.8264 0.8319
November 0.8517 0.8243 0.8369
December 0.8483 0.8358 0.8422