YEARLY HIGH
0.0304 QAR
YEARLY LOW
0.0281 QAR
YEARLY AVERAGE
0.0291 QAR

2016 JMD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0304. Conversely, the yearly low was recorded on December 19, dropping to 0.0281.

This high-to-low spread represents a total annual volatility of 0.0023 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0302 to the December average rate of 0.0282, the exchange rate registered a net change of -6.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0304 was down 4.75% compared to the 2015 peak of 0.0319, 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 152 QAR
2015 Average 156 QAR
Yearly Trough Low 140 QAR
Transaction Impact: A difference of 11.30 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0304
0.0280
JanuMarcMayJulySeptNove

JMD to QAR 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 0.0298, compared to 0.0285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0298
H2 Avg (Jul–Dec) 0.0285

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0005 QAR (High: 0.0297 / Low: 0.0292). On the other end, March was the most stable month, with a tight range of 0.0001 QAR (High: 0.0300 / Low: 0.0299).

May Spread (Volatile) ±0.0005
March Spread (Stable) ±0.0001

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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0302) against the same month in 2015 (average: 0.0317), the exchange rate shifted by -0.0014 (-4.55%).

2016 Avg (January) 0.0302
2015 Avg (January) 0.0317

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0304 0.0300 0.0302
February 0.0302 0.0299 0.0300
March 0.0300 0.0299 0.0300
April 0.0300 0.0296 0.0299
May 0.0297 0.0292 0.0294
June 0.0292 0.0288 0.0291
July 0.0289 0.0287 0.0288
August 0.0288 0.0286 0.0287
September 0.0287 0.0285 0.0286
October 0.0286 0.0282 0.0284
November 0.0283 0.0281 0.0282
December 0.0283 0.0281 0.0282