2016 SEK to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SEK to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SEK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 15.4063. Conversely, the yearly low was recorded on December 15, dropping to 13.7333.
This high-to-low spread represents a total annual volatility of 1.6730 JMD. From a start-to-finish perspective, comparing the January average rate of 14.1054 to the December average rate of 13.9921, the exchange rate registered a net change of -0.80% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 15.4063 was up 4.95% compared to the 2015 peak of 14.6801, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SEK 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 14.6879, compared to 14.5618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1261 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 0.8571 JMD (High: 14.9548 / Low: 14.0977). On the other end, January was the most stable month, with a tight range of 0.2343 JMD (High: 14.2389 / Low: 14.0046).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4250 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 15.1013) against the same month in 2015 (average: 14.0136), the exchange rate shifted by +1.0876 (+7.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.2389 | 14.0046 | 14.1054 |
| February | 14.4243 | 14.1494 | 14.3076 |
| March | 14.9548 | 14.0977 | 14.5658 |
| April | 15.3023 | 14.9012 | 15.0104 |
| May | 15.3970 | 14.8949 | 15.0368 |
| June | 15.4063 | 14.6680 | 15.1013 |
| July | 14.9878 | 14.6023 | 14.7721 |
| August | 15.1609 | 14.7527 | 14.9635 |
| September | 15.0608 | 14.8176 | 14.9228 |
| October | 14.8793 | 14.2585 | 14.5725 |
| November | 14.4414 | 13.9254 | 14.1475 |
| December | 14.1971 | 13.7333 | 13.9921 |