YEARLY HIGH
0.8166 JOD
YEARLY LOW
0.7358 JOD
YEARLY AVERAGE
0.7843 JOD

2016 EUR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EUR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.8166. Conversely, the yearly low was recorded on December 20, dropping to 0.7358.

This high-to-low spread represents a total annual volatility of 0.0808 JOD. From a start-to-finish perspective, comparing the January average rate of 0.7706 to the December average rate of 0.7462, the exchange rate registered a net change of -3.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8166 was down 4.43% compared to the 2015 peak of 0.8544, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,083 JOD
2015 Average 3,934 JOD
Yearly Trough Low 3,679 JOD
Transaction Impact: A difference of 403.92 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8093
0.7405
JanuMarcMayJulySeptNove

EUR 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 0.7912, compared to 0.7774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 0.7912
H2 Avg (Jul–Dec) 0.7774

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0422 JOD (High: 0.7892 / Low: 0.7470). On the other end, September was the most stable month, with a tight range of 0.0088 JOD (High: 0.7983 / Low: 0.7895).

November Spread (Volatile) ±0.0422
September Spread (Stable) ±0.0088

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 0.0180 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.8003) against the same month in 2015 (average: 0.7907), the exchange rate shifted by +0.0096 (+1.21%).

2016 Avg (May) 0.8003
2015 Avg (May) 0.7907

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7760 0.7633 0.7706
February 0.8019 0.7713 0.7870
March 0.8071 0.7700 0.7895
April 0.8111 0.7952 0.8035
May 0.8166 0.7867 0.8003
June 0.8073 0.7804 0.7966
July 0.7914 0.7769 0.7841
August 0.8041 0.7853 0.7937
September 0.7983 0.7895 0.7943
October 0.7966 0.7700 0.7817
November 0.7892 0.7470 0.7642
December 0.7623 0.7358 0.7462