YEARLY HIGH
0.0582 BMD
YEARLY LOW
0.0480 BMD
YEARLY AVERAGE
0.0537 BMD

2016 MXN to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MXN to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0582. Conversely, the yearly low was recorded on November 12, dropping to 0.0480.

This high-to-low spread represents a total annual volatility of 0.0102 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0555 to the December average rate of 0.0487, the exchange rate registered a net change of -12.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0582 was down 15.52% compared to the 2015 peak of 0.0689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 2,910 BMD
2015 Average 3,158 BMD
Yearly Trough Low 2,402 BMD
Transaction Impact: A difference of 507.95 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0580
0.0479
JanuMarcMayJulySeptNove

MXN to BMD 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 0.0554, compared to 0.0519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0554
H2 Avg (Jul–Dec) 0.0519

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0064 BMD (High: 0.0544 / Low: 0.0480). On the other end, December was the most stable month, with a tight range of 0.0012 BMD (High: 0.0494 / Low: 0.0482).

November Spread (Volatile) ±0.0064
December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0029 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0552) against the same month in 2015 (average: 0.0655), the exchange rate shifted by -0.0103 (-15.75%).

2016 Avg (May) 0.0552
2015 Avg (May) 0.0655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0581 0.0536 0.0555
February 0.0552 0.0524 0.0542
March 0.0579 0.0556 0.0567
April 0.0582 0.0560 0.0572
May 0.0582 0.0541 0.0552
June 0.0549 0.0524 0.0536
July 0.0545 0.0530 0.0538
August 0.0553 0.0529 0.0541
September 0.0545 0.0503 0.0521
October 0.0540 0.0515 0.0528
November 0.0544 0.0480 0.0499
December 0.0494 0.0482 0.0487