YEARLY HIGH
94.6096 JMD
YEARLY LOW
83.1785 JMD
YEARLY AVERAGE
90.6306 JMD

2016 SGD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 94.6096. Conversely, the yearly low was recorded on January 10, dropping to 83.1785.

This high-to-low spread represents a total annual volatility of 11.4310 JMD. From a start-to-finish perspective, comparing the January average rate of 84.1379 to the December average rate of 89.7296, the exchange rate registered a net change of 6.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 94.6096 was up 7.97% compared to the 2015 peak of 87.6264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 473,048 JMD
2015 Average 424,887 JMD
Yearly Trough Low 415,893 JMD
Transaction Impact: A difference of 57,155.24 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

95.0250
83.1482
JanuMarcMayJulySeptNove

SGD 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 88.6889, compared to 92.5724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8835 points.

H1 Avg (Jan–Jun) 88.6889
H2 Avg (Jul–Dec) 92.5724

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 3.5554 JMD (High: 90.1630 / Low: 86.6076). On the other end, September was the most stable month, with a tight range of 1.2234 JMD (High: 94.3993 / Low: 93.1760).

March Spread (Volatile) ±3.5554
September Spread (Stable) ±1.2234

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 November and December, when the average rate fell by 1.7843 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7843

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 94.0353) against the same month in 2015 (average: 83.7771), the exchange rate shifted by +10.2582 (+12.24%).

2016 Avg (August) 94.0353
2015 Avg (August) 83.7771

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 85.3361 83.1785 84.1379
February 87.0220 84.8078 86.2850
March 90.1630 86.6076 88.5809
April 91.4892 89.5653 90.3134
May 91.5476 89.6157 90.2654
June 93.8780 90.4508 92.5506
July 94.4544 92.9932 93.7174
August 94.6096 93.3388 94.0353
September 94.3993 93.1760 93.6991
October 93.5480 92.1159 92.7388
November 93.3697 89.9999 91.5140
December 90.8628 88.7765 89.7296