YEARLY HIGH
0.1040 JOD
YEARLY LOW
0.1017 JOD
YEARLY AVERAGE
0.1027 JOD

2016 BOB to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.1040. Conversely, the yearly low was recorded on December 8, dropping to 0.1017.

This high-to-low spread represents a total annual volatility of 0.0022 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1027 to the December average rate of 0.1023, the exchange rate registered a net change of -0.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1040 was up 0.60% compared to the 2015 peak of 0.1034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 520 JOD
2015 Average 513 JOD
Yearly Trough Low 509 JOD
Transaction Impact: A difference of 11.18 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1038
0.1022
JanuMarcMayJulySeptNove

BOB 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 0.1029, compared to 0.1025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1029
H2 Avg (Jul–Dec) 0.1025

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0016 JOD (High: 0.1040 / Low: 0.1024). On the other end, June was the most stable month, with a tight range of 0.0005 JOD (High: 0.1031 / Low: 0.1026).

April Spread (Volatile) ±0.0016
June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.1030) against the same month in 2015 (average: 0.1026), the exchange rate shifted by +0.0004 (+0.40%).

2016 Avg (April) 0.1030
2015 Avg (April) 0.1026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1029 0.1024 0.1027
February 0.1034 0.1024 0.1028
March 0.1040 0.1032 0.1036
April 0.1040 0.1024 0.1030
May 0.1030 0.1023 0.1027
June 0.1031 0.1026 0.1028
July 0.1033 0.1024 0.1028
August 0.1027 0.1019 0.1024
September 0.1027 0.1022 0.1024
October 0.1030 0.1022 0.1024
November 0.1027 0.1020 0.1024
December 0.1028 0.1017 0.1023