YEARLY HIGH
0.0728 SEK
YEARLY LOW
0.0649 SEK
YEARLY AVERAGE
0.0684 SEK

2016 JMD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0728. Conversely, the yearly low was recorded on June 8, dropping to 0.0649.

This high-to-low spread represents a total annual volatility of 0.0079 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0709 to the December average rate of 0.0715, the exchange rate registered a net change of 0.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0728 was down 5.34% compared to the 2015 peak of 0.0769, 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 364 SEK
2015 Average 361 SEK
Yearly Trough Low 325 SEK
Transaction Impact: A difference of 39.54 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0720
0.0657
JanuMarcMayJulySeptNove

JMD to SEK 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 0.0681, compared to 0.0687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0681
H2 Avg (Jul–Dec) 0.0687

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0041 SEK (High: 0.0709 / Low: 0.0669). On the other end, September was the most stable month, with a tight range of 0.0011 SEK (High: 0.0675 / Low: 0.0664).

March Spread (Volatile) ±0.0041
September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0715) against the same month in 2015 (average: 0.0709), the exchange rate shifted by +0.0006 (+0.79%).

2016 Avg (December) 0.0715
2015 Avg (December) 0.0709

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0714 0.0702 0.0709
February 0.0707 0.0693 0.0699
March 0.0709 0.0669 0.0687
April 0.0671 0.0653 0.0666
May 0.0671 0.0649 0.0665
June 0.0682 0.0649 0.0662
July 0.0685 0.0667 0.0677
August 0.0678 0.0660 0.0668
September 0.0675 0.0664 0.0670
October 0.0701 0.0672 0.0686
November 0.0718 0.0692 0.0707
December 0.0728 0.0704 0.0715