2016 VEF to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 VEF to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the VEF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 19.2882. Conversely, the yearly low was recorded on April 12, dropping to 12.1890.
This high-to-low spread represents a total annual volatility of 7.0991 JMD. From a start-to-finish perspective, comparing the January average rate of 19.0597 to the December average rate of 12.9059, the exchange rate registered a net change of -32.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 19.2882 was up 1.40% compared to the 2015 peak of 19.0220, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
VEF 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 15.7755, compared to 12.8081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9674 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 0.2550 JMD (High: 19.2376 / Low: 18.9826). On the other end, September was the most stable month, with a tight range of 0.0702 JMD (High: 12.8024 / Low: 12.7322).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 6.9836 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 19.2139) against the same month in 2015 (average: 18.2335), the exchange rate shifted by +0.9804 (+5.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.2376 | 18.9826 | 19.0597 |
| February | 19.2540 | 19.0883 | 19.1806 |
| March | 19.2882 | 19.1768 | 19.2139 |
| April | 12.3331 | 12.1890 | 12.2303 |
| May | 12.5178 | 12.2912 | 12.4034 |
| June | 12.6708 | 12.4967 | 12.5654 |
| July | 12.7161 | 12.5963 | 12.6691 |
| August | 12.7709 | 12.6569 | 12.7064 |
| September | 12.8024 | 12.7322 | 12.7675 |
| October | 12.9458 | 12.7632 | 12.8559 |
| November | 12.9817 | 12.8981 | 12.9437 |
| December | 12.9706 | 12.8639 | 12.9059 |