YEARLY HIGH
0.0685 SBD
YEARLY LOW
0.0599 SBD
YEARLY AVERAGE
0.0633 SBD

2016 JMD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0685. Conversely, the yearly low was recorded on December 19, dropping to 0.0599.

This high-to-low spread represents a total annual volatility of 0.0086 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0676 to the December average rate of 0.0612, the exchange rate registered a net change of -9.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0685 was down 0.84% compared to the 2015 peak of 0.0691, 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 342 SBD
2015 Average 336 SBD
Yearly Trough Low 299 SBD
Transaction Impact: A difference of 42.88 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0682
0.0605
JanuMarcMayJulySeptNove

JMD to SBD 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 0.0651, compared to 0.0615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0651
H2 Avg (Jul–Dec) 0.0615

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0023 SBD (High: 0.0670 / Low: 0.0647). On the other end, October was the most stable month, with a tight range of 0.0007 SBD (High: 0.0615 / Low: 0.0608).

March Spread (Volatile) ±0.0023
October Spread (Stable) ±0.0007

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 0.0020 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0676) against the same month in 2015 (average: 0.0662), the exchange rate shifted by +0.0014 (+2.14%).

2016 Avg (January) 0.0676
2015 Avg (January) 0.0662

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0685 0.0669 0.0676
February 0.0675 0.0665 0.0670
March 0.0670 0.0647 0.0656
April 0.0656 0.0641 0.0650
May 0.0636 0.0625 0.0631
June 0.0628 0.0618 0.0623
July 0.0627 0.0620 0.0624
August 0.0623 0.0613 0.0617
September 0.0621 0.0611 0.0615
October 0.0615 0.0608 0.0611
November 0.0621 0.0605 0.0612
December 0.0621 0.0599 0.0612