YEARLY HIGH
0.1086 JOD
YEARLY LOW
0.0977 JOD
YEARLY AVERAGE
0.1042 JOD

2016 HRK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HRK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.1086. Conversely, the yearly low was recorded on December 28, dropping to 0.0977.

This high-to-low spread represents a total annual volatility of 0.0109 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1006 to the December average rate of 0.0990, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1086 was down 2.67% compared to the 2015 peak of 0.1116, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 543 JOD
2015 Average 517 JOD
Yearly Trough Low 488 JOD
Transaction Impact: A difference of 54.74 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1080
0.0982
JanuMarcMayJulySeptNove

HRK 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 0.1047, compared to 0.1037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1047
H2 Avg (Jul–Dec) 0.1037

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0059 JOD (High: 0.1072 / Low: 0.1012). On the other end, September was the most stable month, with a tight range of 0.0012 JOD (High: 0.1066 / Low: 0.1054).

March Spread (Volatile) ±0.0059
September Spread (Stable) ±0.0012

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 0.0027 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.1068) against the same month in 2015 (average: 0.1047), the exchange rate shifted by +0.0021 (+2.00%).

2016 Avg (May) 0.1068
2015 Avg (May) 0.1047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1014 0.0997 0.1006
February 0.1049 0.1006 0.1030
March 0.1072 0.1012 0.1044
April 0.1080 0.1063 0.1072
May 0.1086 0.1050 0.1068
June 0.1074 0.1039 0.1059
July 0.1058 0.1040 0.1047
August 0.1073 0.1051 0.1061
September 0.1066 0.1054 0.1060
October 0.1061 0.1026 0.1042
November 0.1050 0.0994 0.1018
December 0.1012 0.0977 0.0990