YEARLY HIGH
32.1007 JMD
YEARLY LOW
27.1638 JMD
YEARLY AVERAGE
30.2282 JMD

2016 MYR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 32.1007. Conversely, the yearly low was recorded on January 10, dropping to 27.1638.

This high-to-low spread represents a total annual volatility of 4.9369 JMD. From a start-to-finish perspective, comparing the January average rate of 27.8178 to the December average rate of 28.9096, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 32.1007 was down 1.72% compared to the 2015 peak of 32.6628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 642,014 JMD
2015 Average 601,116 JMD
Yearly Trough Low 543,276 JMD
Transaction Impact: A difference of 98,738.35 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

31.8631
27.4500
JanuMarcMayJulySeptNove

MYR 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 29.8937, compared to 30.5626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6689 points.

H1 Avg (Jan–Jun) 29.8937
H2 Avg (Jul–Dec) 30.5626

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 2.1623 JMD (High: 29.3261 / Low: 27.1638). On the other end, December was the most stable month, with a tight range of 0.5459 JMD (High: 29.2339 / Low: 28.6880).

January Spread (Volatile) ±2.1623
December Spread (Stable) ±0.5459

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.9829 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9829

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 31.4953) against the same month in 2015 (average: 30.5491), the exchange rate shifted by +0.9462 (+3.10%).

2016 Avg (July) 31.4953
2015 Avg (July) 30.5491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.3261 27.1638 27.8178
February 29.3043 28.7360 29.0114
March 31.2421 29.1863 29.9173
April 31.5300 30.9731 31.2765
May 31.3573 30.2894 30.6017
June 31.5702 30.0397 30.7377
July 32.1007 31.0287 31.4953
August 31.7942 31.1863 31.4886
September 31.3696 30.7948 31.0043
October 30.9955 30.3910 30.7303
November 30.8331 28.8416 29.7474
December 29.2339 28.6880 28.9096