YEARLY HIGH
0.3892 JMD
YEARLY LOW
0.3474 JMD
YEARLY AVERAGE
0.3564 JMD

2016 MRO to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MRO to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.3892. Conversely, the yearly low was recorded on May 16, dropping to 0.3474.

This high-to-low spread represents a total annual volatility of 0.0418 JMD. From a start-to-finish perspective, comparing the January average rate of 0.3605 to the December average rate of 0.3599, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3892 was down 5.33% compared to the 2015 peak of 0.4111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,946 JMD
2015 Average 1,891 JMD
Yearly Trough Low 1,737 JMD
Transaction Impact: A difference of 209.15 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3622
0.3507
JanuMarcMayJulySeptNove

MRO 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 0.3542, compared to 0.3586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.3542
H2 Avg (Jul–Dec) 0.3586

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0397 JMD (High: 0.3892 / Low: 0.3495). On the other end, September was the most stable month, with a tight range of 0.0015 JMD (High: 0.3587 / Low: 0.3572).

January Spread (Volatile) ±0.0397
September Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between May and November, 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 January and February, when the average rate fell by 0.0059 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.3605) against the same month in 2015 (average: 0.3946), the exchange rate shifted by -0.0342 (-8.66%).

2016 Avg (January) 0.3605
2015 Avg (January) 0.3946

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3892 0.3495 0.3605
February 0.3678 0.3517 0.3546
March 0.3559 0.3497 0.3535
April 0.3560 0.3506 0.3529
May 0.3582 0.3474 0.3516
June 0.3558 0.3499 0.3522
July 0.3574 0.3553 0.3563
August 0.3578 0.3554 0.3567
September 0.3587 0.3572 0.3580
October 0.3622 0.3583 0.3598
November 0.3626 0.3600 0.3612
December 0.3617 0.3580 0.3599