YEARLY HIGH
0.1085 JMD
YEARLY LOW
0.0917 JMD
YEARLY AVERAGE
0.1014 JMD

2016 MMK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 0.1085. Conversely, the yearly low was recorded on January 1, dropping to 0.0917.

This high-to-low spread represents a total annual volatility of 0.0167 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0927 to the December average rate of 0.0955, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1085 was down 3.84% compared to the 2015 peak of 0.1128, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 542 JMD
2015 Average 529 JMD
Yearly Trough Low 459 JMD
Transaction Impact: A difference of 83.72 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1088
0.0912
JanuMarcMayJulySeptNove

MMK 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 0.1007, compared to 0.1022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1007
H2 Avg (Jul–Dec) 0.1022

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0057 JMD (High: 0.0990 / Low: 0.0933). On the other end, May was the most stable month, with a tight range of 0.0015 JMD (High: 0.1061 / Low: 0.1046).

February Spread (Volatile) ±0.0057
May Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0040 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.1073) against the same month in 2015 (average: 0.1060), the exchange rate shifted by +0.0013 (+1.26%).

2016 Avg (July) 0.1073
2015 Avg (July) 0.1060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0935 0.0917 0.0927
February 0.0990 0.0933 0.0973
March 0.1008 0.0977 0.0999
April 0.1051 0.1000 0.1031
May 0.1061 0.1046 0.1055
June 0.1074 0.1044 0.1056
July 0.1085 0.1063 0.1073
August 0.1070 0.1050 0.1063
September 0.1059 0.1013 0.1037
October 0.1024 0.0998 0.1007
November 0.1013 0.0980 0.0995
December 0.0980 0.0929 0.0955