YEARLY HIGH
0.0247 JMD
YEARLY LOW
0.0228 JMD
YEARLY AVERAGE
0.0238 JMD

2016 ZMK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZMK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0247. Conversely, the yearly low was recorded on January 10, dropping to 0.0228.

This high-to-low spread represents a total annual volatility of 0.0018 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0229 to the December average rate of 0.0245, the exchange rate registered a net change of 7.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0247 was up 7.88% compared to the 2015 peak of 0.0229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123 JMD
2015 Average 111 JMD
Yearly Trough Low 114 JMD
Transaction Impact: A difference of 9.20 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0248
0.0228
JanuMarcMayJulySeptNove

ZMK 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 0.0233, compared to 0.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0233
H2 Avg (Jul–Dec) 0.0244

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0004 JMD (High: 0.0238 / Low: 0.0233). On the other end, March was the most stable month, with a tight range of 0.0001 JMD (High: 0.0232 / Low: 0.0231).

May Spread (Volatile) ±0.0004
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0000 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0245) against the same month in 2015 (average: 0.0228), the exchange rate shifted by +0.0017 (+7.66%).

2016 Avg (December) 0.0245
2015 Avg (December) 0.0228

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0231 0.0228 0.0229
February 0.0232 0.0230 0.0231
March 0.0232 0.0231 0.0231
April 0.0234 0.0231 0.0232
May 0.0238 0.0233 0.0235
June 0.0241 0.0237 0.0239
July 0.0243 0.0240 0.0242
August 0.0243 0.0241 0.0241
September 0.0243 0.0242 0.0243
October 0.0246 0.0242 0.0244
November 0.0247 0.0245 0.0246
December 0.0247 0.0245 0.0245