YEARLY HIGH
0.0074 JOD
YEARLY LOW
0.0066 JOD
YEARLY AVERAGE
0.0071 JOD

2016 CVE to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0074. Conversely, the yearly low was recorded on December 20, dropping to 0.0066.

This high-to-low spread represents a total annual volatility of 0.0008 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0068, the exchange rate registered a net change of -3.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0074 was down 4.62% compared to the 2015 peak of 0.0078, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37 JOD
2015 Average 36 JOD
Yearly Trough Low 33 JOD
Transaction Impact: A difference of 3.88 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0073
0.0067
JanuMarcMayJulySeptNove

CVE 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 0.0072, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0072
H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0004 JOD (High: 0.0071 / Low: 0.0068). On the other end, September was the most stable month, with a tight range of 0.0001 JOD (High: 0.0072 / Low: 0.0072).

November Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0073) against the same month in 2015 (average: 0.0072), the exchange rate shifted by +0.0001 (+1.26%).

2016 Avg (May) 0.0073
2015 Avg (May) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0070 0.0069 0.0070
February 0.0073 0.0070 0.0071
March 0.0073 0.0070 0.0071
April 0.0073 0.0072 0.0073
May 0.0074 0.0072 0.0073
June 0.0073 0.0071 0.0072
July 0.0072 0.0071 0.0071
August 0.0073 0.0071 0.0072
September 0.0072 0.0072 0.0072
October 0.0072 0.0070 0.0071
November 0.0071 0.0068 0.0069
December 0.0069 0.0066 0.0068