YEARLY HIGH
0.8741 PKR
YEARLY LOW
0.8085 PKR
YEARLY AVERAGE
0.8376 PKR

2016 JMD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.8741. Conversely, the yearly low was recorded on December 19, dropping to 0.8085.

This high-to-low spread represents a total annual volatility of 0.0656 PKR. From a start-to-finish perspective, comparing the January average rate of 0.8709 to the December average rate of 0.8129, the exchange rate registered a net change of -6.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8741 was down 1.98% compared to the 2015 peak of 0.8918, 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 4,371 PKR
2015 Average 4,399 PKR
Yearly Trough Low 4,043 PKR
Transaction Impact: A difference of 327.99 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8768
0.8057
JanuMarcMayJulySeptNove

JMD to PKR 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 0.8560, compared to 0.8193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 0.8560
H2 Avg (Jul–Dec) 0.8193

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0151 PKR (High: 0.8544 / Low: 0.8393). On the other end, July was the most stable month, with a tight range of 0.0031 PKR (High: 0.8301 / Low: 0.8271).

May Spread (Volatile) ±0.0151
July Spread (Stable) ±0.0031

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 May and June, when the average rate fell by 0.0122 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.8709) against the same month in 2015 (average: 0.8769), the exchange rate shifted by -0.0060 (-0.69%).

2016 Avg (January) 0.8709
2015 Avg (January) 0.8769

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8741 0.8657 0.8709
February 0.8668 0.8608 0.8632
March 0.8634 0.8595 0.8614
April 0.8613 0.8522 0.8587
May 0.8544 0.8393 0.8469
June 0.8407 0.8282 0.8347
July 0.8301 0.8271 0.8286
August 0.8289 0.8235 0.8259
September 0.8228 0.8193 0.8206
October 0.8194 0.8111 0.8159
November 0.8136 0.8100 0.8117
December 0.8151 0.8085 0.8129