YEARLY HIGH
0.6078 JMD
YEARLY LOW
0.5452 JMD
YEARLY AVERAGE
0.5767 JMD

2016 SYP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SYP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.6078. Conversely, the yearly low was recorded on January 1, dropping to 0.5452.

This high-to-low spread represents a total annual volatility of 0.0625 JMD. From a start-to-finish perspective, comparing the January average rate of 0.5475 to the December average rate of 0.6036, the exchange rate registered a net change of 10.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6078 was down 4.92% compared to the 2015 peak of 0.6393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,039 JMD
2015 Average 3,009 JMD
Yearly Trough Low 2,726 JMD
Transaction Impact: A difference of 312.70 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6095
0.5419
JanuMarcMayJulySeptNove

SYP 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 0.5572, compared to 0.5961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0389 points.

H1 Avg (Jan–Jun) 0.5572
H2 Avg (Jul–Dec) 0.5961

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0153 JMD (High: 0.5838 / Low: 0.5684). On the other end, March was the most stable month, with a tight range of 0.0020 JMD (High: 0.5538 / Low: 0.5518).

June Spread (Volatile) ±0.0153
March Spread (Stable) ±0.0020

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 0.0002 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.6036) against the same month in 2015 (average: 0.5427), the exchange rate shifted by +0.0609 (+11.22%).

2016 Avg (December) 0.6036
2015 Avg (December) 0.5427

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5527 0.5452 0.5475
February 0.5535 0.5489 0.5514
March 0.5538 0.5518 0.5530
April 0.5602 0.5537 0.5556
May 0.5692 0.5584 0.5636
June 0.5838 0.5684 0.5723
July 0.5879 0.5826 0.5856
August 0.5936 0.5864 0.5898
September 0.5972 0.5907 0.5946
October 0.6035 0.5950 0.5994
November 0.6061 0.6015 0.6039
December 0.6078 0.6011 0.6036