YEARLY HIGH
0.4172 JOD
YEARLY LOW
0.3763 JOD
YEARLY AVERAGE
0.4010 JOD

2016 BGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.4172. Conversely, the yearly low was recorded on December 20, dropping to 0.3763.

This high-to-low spread represents a total annual volatility of 0.0409 JOD. From a start-to-finish perspective, comparing the January average rate of 0.3940 to the December average rate of 0.3816, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4172 was down 4.81% compared to the 2015 peak of 0.4383, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,086 JOD
2015 Average 2,012 JOD
Yearly Trough Low 1,881 JOD
Transaction Impact: A difference of 204.70 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4137
0.3787
JanuMarcMayJulySeptNove

BGN 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 0.4045, compared to 0.3975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.4045
H2 Avg (Jul–Dec) 0.3975

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0204 JOD (High: 0.4030 / Low: 0.3827). On the other end, September was the most stable month, with a tight range of 0.0041 JOD (High: 0.4081 / Low: 0.4040).

November Spread (Volatile) ±0.0204
September Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0092 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.4093) against the same month in 2015 (average: 0.4045), the exchange rate shifted by +0.0048 (+1.19%).

2016 Avg (May) 0.4093
2015 Avg (May) 0.4045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3963 0.3907 0.3940
February 0.4097 0.3940 0.4023
March 0.4122 0.3938 0.4034
April 0.4141 0.4068 0.4108
May 0.4172 0.4024 0.4093
June 0.4124 0.3996 0.4072
July 0.4041 0.3979 0.4009
August 0.4104 0.4016 0.4059
September 0.4081 0.4040 0.4060
October 0.4066 0.3939 0.3996
November 0.4030 0.3827 0.3909
December 0.3886 0.3763 0.3816