YEARLY HIGH
1.0585 JOD
YEARLY LOW
0.8615 JOD
YEARLY AVERAGE
0.9604 JOD

2016 FKP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 1.0585. Conversely, the yearly low was recorded on October 27, dropping to 0.8615.

This high-to-low spread represents a total annual volatility of 0.1969 JOD. From a start-to-finish perspective, comparing the January average rate of 1.0216 to the December average rate of 0.8838, the exchange rate registered a net change of -13.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0585 was down 5.92% compared to the 2015 peak of 1.1250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,292 JOD
2015 Average 5,416 JOD
Yearly Trough Low 4,308 JOD
Transaction Impact: A difference of 984.72 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0433
0.8595
JanuMarcMayJulySeptNove

FKP 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 1.0156, compared to 0.9052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1104 points.

H1 Avg (Jan–Jun) 1.0156
H2 Avg (Jul–Dec) 0.9052

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1218 JOD (High: 1.0585 / Low: 0.9366). On the other end, May was the most stable month, with a tight range of 0.0230 JOD (High: 1.0416 / Low: 1.0186).

June Spread (Volatile) ±0.1218
May Spread (Stable) ±0.0230

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0744 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0744

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1.0061) against the same month in 2015 (average: 1.1042), the exchange rate shifted by -0.0981 (-8.89%).

2016 Avg (June) 1.0061
2015 Avg (June) 1.1042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0468 1.0035 1.0216
February 1.0337 0.9841 1.0139
March 1.0258 0.9890 1.0107
April 1.0351 0.9955 1.0135
May 1.0416 1.0186 1.0280
June 1.0585 0.9366 1.0061
July 0.9448 0.9137 0.9317
August 0.9451 0.9141 0.9274
September 0.9504 0.9185 0.9315
October 0.9198 0.8615 0.8748
November 0.8928 0.8668 0.8820
December 0.9022 0.8658 0.8838