YEARLY HIGH
427.7554 JMD
YEARLY LOW
394.0474 JMD
YEARLY AVERAGE
413.8878 JMD

2016 KWD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KWD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 427.7554. Conversely, the yearly low was recorded on January 19, dropping to 394.0474.

This high-to-low spread represents a total annual volatility of 33.7080 JMD. From a start-to-finish perspective, comparing the January average rate of 396.1844 to the December average rate of 421.9067, the exchange rate registered a net change of 6.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 427.7554 was up 7.59% compared to the 2015 peak of 397.5692, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,138,777 JMD
2015 Average 1,940,011 JMD
Yearly Trough Low 1,970,237 JMD
Transaction Impact: A difference of 168,539.89 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

427.9486
393.2968
JanuMarcMayJulySeptNove

KWD 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 405.6340, compared to 422.1415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.5075 points.

H1 Avg (Jan–Jun) 405.6340
H2 Avg (Jul–Dec) 422.1415

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 7.5404 JMD (High: 406.7567 / Low: 399.2163). On the other end, March was the most stable month, with a tight range of 2.8472 JMD (High: 404.5456 / Low: 401.6984).

February Spread (Volatile) ±7.5404
March Spread (Stable) ±2.8472

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.1542 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -3.1542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 425.0609) against the same month in 2015 (average: 392.7917), the exchange rate shifted by +32.2692 (+8.22%).

2016 Avg (November) 425.0609
2015 Avg (November) 392.7917

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 400.0889 394.0474 396.1844
February 406.7567 399.2163 404.1931
March 404.5456 401.6984 403.5111
April 407.8437 403.0013 404.2736
May 413.1149 406.9221 410.1291
June 419.1113 412.4293 415.5127
July 420.4549 417.4184 418.7555
August 423.1559 418.6803 420.3799
September 424.1191 421.0356 422.6693
October 426.0000 422.4012 424.0768
November 427.7554 422.0368 425.0609
December 424.0953 419.7720 421.9067