YEARLY HIGH
0.5652 JOD
YEARLY LOW
0.4863 JOD
YEARLY AVERAGE
0.5351 JOD

2016 CAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.5652. Conversely, the yearly low was recorded on January 19, dropping to 0.4863.

This high-to-low spread represents a total annual volatility of 0.0788 JOD. From a start-to-finish perspective, comparing the January average rate of 0.5000 to the December average rate of 0.5306, the exchange rate registered a net change of 6.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5652 was down 7.22% compared to the 2015 peak of 0.6092, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,826 JOD
2015 Average 2,776 JOD
Yearly Trough Low 2,432 JOD
Transaction Impact: A difference of 394.24 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5576
0.4948
JanuMarcMayJulySeptNove

CAD 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 0.5332, compared to 0.5369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.5332
H2 Avg (Jul–Dec) 0.5369

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0262 JOD (High: 0.5652 / Low: 0.5389). On the other end, November was the most stable month, with a tight range of 0.0089 JOD (High: 0.5320 / Low: 0.5231).

May Spread (Volatile) ±0.0262
November Spread (Stable) ±0.0089

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 October and November, when the average rate fell by 0.0082 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.5475) against the same month in 2015 (average: 0.5818), the exchange rate shifted by -0.0343 (-5.89%).

2016 Avg (May) 0.5475
2015 Avg (May) 0.5818

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5124 0.4863 0.5000
February 0.5250 0.5044 0.5139
March 0.5459 0.5272 0.5361
April 0.5645 0.5388 0.5523
May 0.5652 0.5389 0.5475
June 0.5570 0.5408 0.5494
July 0.5508 0.5374 0.5437
August 0.5536 0.5373 0.5451
September 0.5503 0.5363 0.5412
October 0.5402 0.5281 0.5347
November 0.5320 0.5231 0.5265
December 0.5393 0.5216 0.5306