YEARLY HIGH
1.2731 JMD
YEARLY LOW
1.1707 JMD
YEARLY AVERAGE
1.2323 JMD

2016 KES to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KES to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 1.2731. Conversely, the yearly low was recorded on January 4, dropping to 1.1707.

This high-to-low spread represents a total annual volatility of 0.1024 JMD. From a start-to-finish perspective, comparing the January average rate of 1.1769 to the December average rate of 1.2616, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2731 was up 0.37% compared to the 2015 peak of 1.2684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KES based on timing:

Yearly Peak High 6,365 JMD
2015 Average 5,956 JMD
Yearly Trough Low 5,853 JMD
Transaction Impact: A difference of 511.97 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2785
1.1677
JanuMarcMayJulySeptNove

KES to JMD 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 1.2058, compared to 1.2589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0532 points.

H1 Avg (Jan–Jun) 1.2058
H2 Avg (Jul–Dec) 1.2589

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0242 JMD (High: 1.2386 / Low: 1.2144). On the other end, September was the most stable month, with a tight range of 0.0075 JMD (High: 1.2620 / Low: 1.2545).

May Spread (Volatile) ±0.0242
September Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0077 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 1.2692) against the same month in 2015 (average: 1.1680), the exchange rate shifted by +0.1012 (+8.67%).

2016 Avg (November) 1.2692
2015 Avg (November) 1.1680

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1829 1.1707 1.1769
February 1.1954 1.1791 1.1888
March 1.2020 1.1938 1.1977
April 1.2169 1.1985 1.2047
May 1.2386 1.2144 1.2276
June 1.2491 1.2336 1.2389
July 1.2541 1.2440 1.2485
August 1.2563 1.2454 1.2501
September 1.2620 1.2545 1.2582
October 1.2730 1.2575 1.2659
November 1.2731 1.2645 1.2692
December 1.2681 1.2552 1.2616