YEARLY HIGH
0.0181 JOD
YEARLY LOW
0.0164 JOD
YEARLY AVERAGE
0.0169 JOD

2016 GMD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GMD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0181. Conversely, the yearly low was recorded on December 3, dropping to 0.0164.

This high-to-low spread represents a total annual volatility of 0.0017 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0180 to the December average rate of 0.0165, the exchange rate registered a net change of -7.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0181 was down 1.02% compared to the 2015 peak of 0.0183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90 JOD
2015 Average 86 JOD
Yearly Trough Low 82 JOD
Transaction Impact: A difference of 8.51 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0181
0.0164
JanuMarcMayJulySeptNove

GMD 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 0.0172, compared to 0.0166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0172
H2 Avg (Jul–Dec) 0.0166

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0015 JOD (High: 0.0181 / Low: 0.0166). On the other end, October was the most stable month, with a tight range of 0.0001 JOD (High: 0.0167 / Low: 0.0166).

March Spread (Volatile) ±0.0015
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and September, 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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0180) against the same month in 2015 (average: 0.0164), the exchange rate shifted by +0.0015 (+9.14%).

2016 Avg (February) 0.0180
2015 Avg (February) 0.0164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0181 0.0179 0.0180
February 0.0181 0.0179 0.0180
March 0.0181 0.0166 0.0175
April 0.0167 0.0165 0.0166
May 0.0167 0.0165 0.0166
June 0.0167 0.0165 0.0166
July 0.0167 0.0165 0.0166
August 0.0167 0.0165 0.0166
September 0.0167 0.0166 0.0166
October 0.0167 0.0166 0.0166
November 0.0167 0.0165 0.0166
December 0.0167 0.0164 0.0165