YEARLY HIGH
98.1001 AFN
YEARLY LOW
92.4628 AFN
YEARLY AVERAGE
95.6718 AFN

2016 JOD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 98.1001. Conversely, the yearly low was recorded on August 5, dropping to 92.4628.

This high-to-low spread represents a total annual volatility of 5.6374 AFN. From a start-to-finish perspective, comparing the January average rate of 96.7159 to the December average rate of 93.8040, the exchange rate registered a net change of -3.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 98.1001 was up 1.04% compared to the 2015 peak of 97.0860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 490,501 AFN
2015 Average 432,070 AFN
Yearly Trough Low 462,314 AFN
Transaction Impact: A difference of 28,186.89 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

98.0262
92.5286
JanuMarcMayJulySeptNove

JOD to AFN 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 96.9304, compared to 94.4132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5172 points.

H1 Avg (Jan–Jun) 96.9304
H2 Avg (Jul–Dec) 94.4132

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 4.5120 AFN (High: 96.9748 / Low: 92.4628). On the other end, April was the most stable month, with a tight range of 0.4746 AFN (High: 96.8863 / Low: 96.4117).

August Spread (Volatile) ±4.5120
April Spread (Stable) ±0.4746

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 1.9871 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9871

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 97.5680) against the same month in 2015 (average: 83.8109), the exchange rate shifted by +13.7571 (+16.41%).

2016 Avg (June) 97.5680
2015 Avg (June) 83.8109

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 96.9574 96.3838 96.7159
February 97.9155 96.3243 97.1879
March 97.0106 96.3096 96.6529
April 96.8863 96.4117 96.5955
May 97.2934 96.4200 96.8622
June 98.1001 96.4787 97.5680
July 97.3472 96.6361 96.9672
August 96.9748 92.4628 94.9802
September 95.6594 92.5737 94.1004
October 93.2207 92.5688 92.9867
November 94.3978 92.9286 93.6408
December 94.2327 92.8832 93.8040