YEARLY HIGH
0.0275 TRY
YEARLY LOW
0.0227 TRY
YEARLY AVERAGE
0.0242 TRY

2016 JMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0275. Conversely, the yearly low was recorded on June 23, dropping to 0.0227.

This high-to-low spread represents a total annual volatility of 0.0047 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0249 to the December average rate of 0.0272, the exchange rate registered a net change of 9.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0275 was up 6.48% compared to the 2015 peak of 0.0258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 137 TRY
2015 Average 117 TRY
Yearly Trough Low 114 TRY
Transaction Impact: A difference of 23.74 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0276
0.0229
JanuMarcMayJulySeptNove

JMD to TRY 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 0.0239, compared to 0.0245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0239
H2 Avg (Jul–Dec) 0.0245

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0027 TRY (High: 0.0268 / Low: 0.0241). On the other end, September was the most stable month, with a tight range of 0.0005 TRY (High: 0.0235 / Low: 0.0230).

November Spread (Volatile) ±0.0027
September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0272) against the same month in 2015 (average: 0.0244), the exchange rate shifted by +0.0028 (+11.40%).

2016 Avg (December) 0.0272
2015 Avg (December) 0.0244

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0253 0.0243 0.0249
February 0.0246 0.0241 0.0243
March 0.0242 0.0232 0.0237
April 0.0235 0.0228 0.0232
May 0.0241 0.0228 0.0238
June 0.0236 0.0227 0.0233
July 0.0243 0.0228 0.0235
August 0.0238 0.0231 0.0234
September 0.0235 0.0230 0.0233
October 0.0242 0.0235 0.0239
November 0.0268 0.0241 0.0255
December 0.0275 0.0265 0.0272