2016 JMD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JMD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JMD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.0820. Conversely, the yearly low was recorded on March 31, dropping to 0.0518.
This high-to-low spread represents a total annual volatility of 0.0302 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0525 to the December average rate of 0.0775, the exchange rate registered a net change of 47.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 0.0820 was up 48.41% compared to the 2015 peak of 0.0553, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
JMD to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0664, compared to 0.0781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.0015 VEF (High: 0.0814 / Low: 0.0799). On the other end, March was the most stable month, with a tight range of 0.0003 VEF (High: 0.0521 / Low: 0.0518).
Growth Streaks & Declines
TrendsNo 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 0.0011 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 0.0818) against the same month in 2015 (average: 0.0551), the exchange rate shifted by +0.0267 (+48.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0527 | 0.0520 | 0.0525 |
| February | 0.0524 | 0.0519 | 0.0521 |
| March | 0.0521 | 0.0518 | 0.0520 |
| April | 0.0820 | 0.0811 | 0.0818 |
| May | 0.0814 | 0.0799 | 0.0806 |
| June | 0.0800 | 0.0789 | 0.0796 |
| July | 0.0794 | 0.0786 | 0.0789 |
| August | 0.0790 | 0.0783 | 0.0787 |
| September | 0.0785 | 0.0781 | 0.0783 |
| October | 0.0784 | 0.0772 | 0.0778 |
| November | 0.0775 | 0.0770 | 0.0773 |
| December | 0.0777 | 0.0771 | 0.0775 |