YEARLY HIGH
43.7829 ZMK
YEARLY LOW
40.5202 ZMK
YEARLY AVERAGE
42.0023 ZMK

2016 JMD to ZMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 43.7829. Conversely, the yearly low was recorded on December 19, dropping to 40.5202.

This high-to-low spread represents a total annual volatility of 3.2627 ZMK. From a start-to-finish perspective, comparing the January average rate of 43.6061 to the December average rate of 40.7470, 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 43.7829 was down 4.77% compared to the 2015 peak of 45.9756, 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 218,915 ZMK
2015 Average 224,926 ZMK
Yearly Trough Low 202,601 ZMK
Transaction Impact: A difference of 16,313.46 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

43.8997
40.3760
JanuMarcMayJulySeptNove

JMD to ZMK 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 42.9371, compared to 41.0675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8695 points.

H1 Avg (Jan–Jun) 42.9371
H2 Avg (Jul–Dec) 41.0675

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.7843 ZMK (High: 42.8607 / Low: 42.0765). On the other end, March was the most stable month, with a tight range of 0.1380 ZMK (High: 43.2971 / Low: 43.1590).

May Spread (Volatile) ±0.7843
March Spread (Stable) ±0.1380

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 0.5952 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.5952

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 43.6061) against the same month in 2015 (average: 45.6897), the exchange rate shifted by -2.0836 (-4.56%).

2016 Avg (January) 43.6061
2015 Avg (January) 45.6897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.7829 43.2270 43.6061
February 43.5412 43.1784 43.3334
March 43.2971 43.1590 43.2272
April 43.2179 42.7145 43.0652
May 42.8607 42.0765 42.4700
June 42.1512 41.5475 41.9204
July 41.6293 41.1552 41.3851
August 41.5608 41.2136 41.4201
September 41.3514 41.1214 41.2328
October 41.2467 40.6690 40.9506
November 40.8029 40.5374 40.6696
December 40.8719 40.5202 40.7470