2016 XCD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 XCD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the XCD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 48.0026. Conversely, the yearly low was recorded on January 10, dropping to 44.4203.
This high-to-low spread represents a total annual volatility of 3.5823 JMD. From a start-to-finish perspective, comparing the January average rate of 44.5963 to the December average rate of 47.7159, the exchange rate registered a net change of 7.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 48.0026 was up 7.92% compared to the 2015 peak of 44.4813, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XCD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
XCD 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 45.2832, compared to 47.3390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0558 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.8359 JMD (High: 46.1783 / Low: 45.3424). On the other end, March was the most stable month, with a tight range of 0.1436 JMD (High: 45.0533 / Low: 44.9097).
Growth Streaks & Declines
TrendsBetween 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 0.1232 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 47.8391) against the same month in 2015 (average: 44.1969), the exchange rate shifted by +3.6422 (+8.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.9915 | 44.4203 | 44.5963 |
| February | 45.0422 | 44.6668 | 44.8772 |
| March | 45.0533 | 44.9097 | 44.9858 |
| April | 45.4977 | 44.9677 | 45.1283 |
| May | 46.1783 | 45.3424 | 45.7569 |
| June | 46.7756 | 46.1057 | 46.3548 |
| July | 46.9379 | 46.6837 | 46.8130 |
| August | 47.2053 | 46.7836 | 46.9642 |
| September | 47.3231 | 47.0322 | 47.1964 |
| October | 47.8472 | 47.1771 | 47.5054 |
| November | 48.0026 | 47.6903 | 47.8391 |
| December | 47.9698 | 47.5515 | 47.7159 |