YEARLY HIGH
35.5970 JMD
YEARLY LOW
32.9455 JMD
YEARLY AVERAGE
34.3537 JMD

2016 QAR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 35.5970. Conversely, the yearly low was recorded on January 10, dropping to 32.9455.

This high-to-low spread represents a total annual volatility of 2.6515 JMD. From a start-to-finish perspective, comparing the January average rate of 33.0781 to the December average rate of 35.3995, the exchange rate registered a net change of 7.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 35.5970 was up 7.81% compared to the 2015 peak of 33.0179, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 177,985 JMD
2015 Average 160,379 JMD
Yearly Trough Low 164,728 JMD
Transaction Impact: A difference of 13,257.53 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

35.7085
32.8390
JanuMarcMayJulySeptNove

QAR 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 33.6033, compared to 35.1042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5009 points.

H1 Avg (Jan–Jun) 33.6033
H2 Avg (Jul–Dec) 35.1042

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.6210 JMD (High: 34.2844 / Low: 33.6634). On the other end, March was the most stable month, with a tight range of 0.1082 JMD (High: 33.4198 / Low: 33.3116).

May Spread (Volatile) ±0.6210
March Spread (Stable) ±0.1082

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 0.0699 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0699

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 35.3995) against the same month in 2015 (average: 32.8867), the exchange rate shifted by +2.5128 (+7.64%).

2016 Avg (December) 35.3995
2015 Avg (December) 32.8867

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.3769 32.9455 33.0781
February 33.4098 33.1400 33.2874
March 33.4198 33.3116 33.3670
April 33.7862 33.3815 33.4978
May 34.2844 33.6634 33.9717
June 34.7288 34.2190 34.4178
July 34.8362 34.6345 34.7339
August 34.9889 34.6750 34.8155
September 35.0769 34.8873 34.9840
October 35.4645 34.9636 35.2230
November 35.5788 35.3444 35.4694
December 35.5970 35.2869 35.3995