YEARLY HIGH
1.8340 SYP
YEARLY LOW
1.6453 SYP
YEARLY AVERAGE
1.7364 SYP

2016 JMD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.8340. Conversely, the yearly low was recorded on December 19, dropping to 1.6453.

This high-to-low spread represents a total annual volatility of 0.1887 SYP. From a start-to-finish perspective, comparing the January average rate of 1.8265 to the December average rate of 1.6567, the exchange rate registered a net change of -9.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.8340 was down 3.04% compared to the 2015 peak of 1.8915, 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 9,170 SYP
2015 Average 8,338 SYP
Yearly Trough Low 8,227 SYP
Transaction Impact: A difference of 943.60 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8435
1.6390
JanuMarcMayJulySeptNove

JMD to SYP 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 1.7950, compared to 1.6777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1173 points.

H1 Avg (Jan–Jun) 1.7950
H2 Avg (Jul–Dec) 1.6777

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0463 SYP (High: 1.7592 / Low: 1.7129). On the other end, March was the most stable month, with a tight range of 0.0064 SYP (High: 1.8121 / Low: 1.8057).

June Spread (Volatile) ±0.0463
March Spread (Stable) ±0.0064

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 June and July, when the average rate fell by 0.0396 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.8265) against the same month in 2015 (average: 1.5880), the exchange rate shifted by +0.2385 (+15.02%).

2016 Avg (January) 1.8265
2015 Avg (January) 1.5880

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8340 1.8094 1.8265
February 1.8219 1.8068 1.8134
March 1.8121 1.8057 1.8084
April 1.8059 1.7851 1.8000
May 1.7909 1.7568 1.7742
June 1.7592 1.7129 1.7474
July 1.7164 1.7008 1.7078
August 1.7053 1.6846 1.6955
September 1.6930 1.6745 1.6818
October 1.6806 1.6569 1.6685
November 1.6625 1.6500 1.6560
December 1.6635 1.6453 1.6567