YEARLY HIGH
0.4767 JOD
YEARLY LOW
0.3930 JOD
YEARLY AVERAGE
0.4427 JOD

2016 AZN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AZN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 0.4767. Conversely, the yearly low was recorded on December 31, dropping to 0.3930.

This high-to-low spread represents a total annual volatility of 0.0837 JOD. From a start-to-finish perspective, comparing the January average rate of 0.4478 to the December average rate of 0.3998, the exchange rate registered a net change of -10.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4767 was down 47.46% compared to the 2015 peak of 0.9074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,384 JOD
2015 Average 3,520 JOD
Yearly Trough Low 1,965 JOD
Transaction Impact: A difference of 418.57 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4795
0.3925
JanuMarcMayJulySeptNove

AZN to JOD 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 0.4567, compared to 0.4287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0280 points.

H1 Avg (Jan–Jun) 0.4567
H2 Avg (Jul–Dec) 0.4287

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0319 JOD (High: 0.4585 / Low: 0.4266). On the other end, May was the most stable month, with a tight range of 0.0080 JOD (High: 0.4767 / Low: 0.4687).

March Spread (Volatile) ±0.0319
May Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0225 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.4722) against the same month in 2015 (average: 0.6753), the exchange rate shifted by -0.2030 (-30.07%).

2016 Avg (May) 0.4722
2015 Avg (May) 0.6753

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4541 0.4363 0.4478
February 0.4543 0.4393 0.4482
March 0.4585 0.4266 0.4390
April 0.4724 0.4635 0.4672
May 0.4767 0.4687 0.4722
June 0.4760 0.4560 0.4660
July 0.4579 0.4435 0.4522
August 0.4438 0.4280 0.4362
September 0.4358 0.4264 0.4310
October 0.4433 0.4284 0.4378
November 0.4287 0.4063 0.4153
December 0.4057 0.3930 0.3998