YEARLY HIGH
0.0318 JOD
YEARLY LOW
0.0302 JOD
YEARLY AVERAGE
0.0311 JOD

2016 HNL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0318. Conversely, the yearly low was recorded on December 22, dropping to 0.0302.

This high-to-low spread represents a total annual volatility of 0.0016 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0316 to the December average rate of 0.0304, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0318 was down 5.88% compared to the 2015 peak of 0.0338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159 JOD
2015 Average 163 JOD
Yearly Trough Low 151 JOD
Transaction Impact: A difference of 8.22 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0317
0.0302
JanuMarcMayJulySeptNove

HNL 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 0.0314, compared to 0.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0314
H2 Avg (Jul–Dec) 0.0309

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0006 JOD (High: 0.0311 / Low: 0.0305). On the other end, April was the most stable month, with a tight range of 0.0001 JOD (High: 0.0314 / Low: 0.0313).

November Spread (Volatile) ±0.0006
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0316) against the same month in 2015 (average: 0.0337), the exchange rate shifted by -0.0021 (-6.11%).

2016 Avg (January) 0.0316
2015 Avg (January) 0.0337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0318 0.0314 0.0316
February 0.0316 0.0313 0.0314
March 0.0314 0.0312 0.0313
April 0.0314 0.0313 0.0314
May 0.0315 0.0313 0.0314
June 0.0313 0.0311 0.0312
July 0.0312 0.0310 0.0311
August 0.0311 0.0309 0.0310
September 0.0311 0.0309 0.0310
October 0.0312 0.0309 0.0310
November 0.0311 0.0305 0.0308
December 0.0306 0.0302 0.0304