2016 RON to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 RON to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the RON to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 32.2289. Conversely, the yearly low was recorded on January 6, dropping to 28.6326.
This high-to-low spread represents a total annual volatility of 3.5963 JMD. From a start-to-finish perspective, comparing the January average rate of 28.8815 to the December average rate of 30.0701, the exchange rate registered a net change of 4.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 32.2289 was up 4.21% compared to the 2015 peak of 30.9265, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
RON to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 30.3892, compared to 31.2771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8879 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 1.7735 JMD (High: 31.9746 / Low: 30.2011). On the other end, September was the most stable month, with a tight range of 0.3786 JMD (High: 32.2289 / Low: 31.8503).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8442 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2016: 32.0992) against the same month in 2015 (average: 30.0538), the exchange rate shifted by +2.0454 (+6.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.0636 | 28.6326 | 28.8815 |
| February | 30.5370 | 29.0701 | 30.0302 |
| March | 30.9296 | 29.5490 | 30.2949 |
| April | 31.4185 | 30.6720 | 30.9244 |
| May | 31.5289 | 30.7524 | 31.0554 |
| June | 31.6936 | 30.5628 | 31.1491 |
| July | 31.6799 | 30.9793 | 31.2182 |
| August | 32.2007 | 31.5187 | 31.8553 |
| September | 32.2289 | 31.8503 | 32.0992 |
| October | 32.2279 | 31.0179 | 31.5057 |
| November | 31.9746 | 30.2011 | 30.9144 |
| December | 30.7505 | 29.5400 | 30.0701 |