YEARLY HIGH
1.2368 JMD
YEARLY LOW
1.1440 JMD
YEARLY AVERAGE
1.1946 JMD

2016 PKR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 1.2368. Conversely, the yearly low was recorded on January 4, dropping to 1.1440.

This high-to-low spread represents a total annual volatility of 0.0928 JMD. From a start-to-finish perspective, comparing the January average rate of 1.1482 to the December average rate of 1.2301, the exchange rate registered a net change of 7.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2368 was up 7.22% compared to the 2015 peak of 1.1535, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 618,393 JMD
2015 Average 568,354 JMD
Yearly Trough Low 571,987 JMD
Transaction Impact: A difference of 46,405.92 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2404
1.1399
JanuMarcMayJulySeptNove

PKR 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 1.1685, compared to 1.2207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0522 points.

H1 Avg (Jan–Jun) 1.1685
H2 Avg (Jul–Dec) 1.2207

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0211 JMD (High: 1.1915 / Low: 1.1704). On the other end, July was the most stable month, with a tight range of 0.0044 JMD (High: 1.2091 / Low: 1.2046).

May Spread (Volatile) ±0.0211
July Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0019 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.2301) against the same month in 2015 (average: 1.1430), the exchange rate shifted by +0.0871 (+7.62%).

2016 Avg (December) 1.2301
2015 Avg (December) 1.1430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1551 1.1440 1.1482
February 1.1617 1.1537 1.1585
March 1.1635 1.1583 1.1609
April 1.1735 1.1610 1.1646
May 1.1915 1.1704 1.1808
June 1.2074 1.1895 1.1980
July 1.2091 1.2046 1.2069
August 1.2143 1.2065 1.2109
September 1.2206 1.2153 1.2186
October 1.2329 1.2204 1.2257
November 1.2346 1.2291 1.2320
December 1.2368 1.2269 1.2301