2016 SVC to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SVC to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SVC to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 14.7973. Conversely, the yearly low was recorded on January 3, dropping to 13.6962.
This high-to-low spread represents a total annual volatility of 1.1011 JMD. From a start-to-finish perspective, comparing the January average rate of 13.7729 to the December average rate of 14.7339, the exchange rate registered a net change of 6.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 14.7973 was up 6.66% compared to the 2015 peak of 13.8727, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SVC 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 13.9947, compared to 14.6157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6210 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.2638 JMD (High: 14.2686 / Low: 14.0048). On the other end, July was the most stable month, with a tight range of 0.0458 JMD (High: 14.4854 / Low: 14.4396).
Growth Streaks & Declines
TrendsBetween 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 0.0303 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 14.7642) against the same month in 2015 (average: 13.6462), the exchange rate shifted by +1.1180 (+8.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.8516 | 13.6962 | 13.7729 |
| February | 13.9109 | 13.8271 | 13.8664 |
| March | 13.9244 | 13.8665 | 13.9039 |
| April | 14.0581 | 13.9054 | 13.9495 |
| May | 14.2686 | 14.0048 | 14.1438 |
| June | 14.4475 | 14.2467 | 14.3318 |
| July | 14.4854 | 14.4396 | 14.4625 |
| August | 14.5473 | 14.4553 | 14.4954 |
| September | 14.5967 | 14.5159 | 14.5658 |
| October | 14.7947 | 14.5869 | 14.6727 |
| November | 14.7973 | 14.7375 | 14.7642 |
| December | 14.7773 | 14.7008 | 14.7339 |