YEARLY HIGH
19.2882 JMD
YEARLY LOW
12.1890 JMD
YEARLY AVERAGE
14.2918 JMD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 96,441 JMD
2015 Average 92,425 JMD
Yearly Trough Low 60,945 JMD
Transaction Impact: A difference of 35,495.64 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

19.9122
11.5319
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 15.7755
H2 Avg (Jul–Dec) 12.8081

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±0.2550
September Spread (Stable) ±0.0702

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 7 Mo.
Sharpest MoM Drop -6.9836

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (March) 19.2139
2015 Avg (March) 18.2335

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