YEARLY HIGH
59.3938 JMD
YEARLY LOW
51.7941 JMD
YEARLY AVERAGE
55.5580 JMD

2016 TOP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 59.3938. Conversely, the yearly low was recorded on February 7, dropping to 51.7941.

This high-to-low spread represents a total annual volatility of 7.5997 JMD. From a start-to-finish perspective, comparing the January average rate of 53.4036 to the December average rate of 56.5968, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 59.3938 was up 1.46% compared to the 2015 peak of 58.5419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 296,969 JMD
2015 Average 275,861 JMD
Yearly Trough Low 258,971 JMD
Transaction Impact: A difference of 37,998.33 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

58.1695
52.8112
JanuMarcMayJulySeptNove

TOP 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 54.3465, compared to 56.7695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4230 points.

H1 Avg (Jan–Jun) 54.3465
H2 Avg (Jul–Dec) 56.7695

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 3.0113 JMD (High: 59.3938 / Low: 56.3825). On the other end, September was the most stable month, with a tight range of 0.7922 JMD (High: 57.1149 / Low: 56.3227).

November Spread (Volatile) ±3.0113
September Spread (Stable) ±0.7922

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.0918 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -1.0918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 57.6886) against the same month in 2015 (average: 53.6726), the exchange rate shifted by +4.0159 (+7.48%).

2016 Avg (November) 57.6886
2015 Avg (November) 53.6726

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 53.8017 52.5156 53.4036
February 53.9689 51.7941 53.2577
March 54.4299 53.4563 53.9315
April 55.3412 54.2408 54.7270
May 55.3989 54.5633 54.9264
June 56.8249 54.5810 55.8326
July 56.3784 55.0979 55.8435
August 56.5682 55.6829 56.1250
September 57.1149 56.3227 56.6401
October 58.4085 56.5857 57.7229
November 59.3938 56.3825 57.6886
December 57.6741 55.3119 56.5968