2016 JOD to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 22.6244. Conversely, the yearly low was recorded on January 2, dropping to 18.2610.
This high-to-low spread represents a total annual volatility of 4.3634 ARS. From a start-to-finish perspective, comparing the January average rate of 19.1234 to the December average rate of 22.3633, the exchange rate registered a net change of 16.94% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 22.6244 was up 20.53% compared to the 2015 peak of 18.7704, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
JOD to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 20.2078, compared to 21.4533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2456 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 2.4018 ARS (High: 22.2620 / Low: 19.8602). On the other end, October was the most stable month, with a tight range of 0.3262 ARS (High: 21.6432 / Low: 21.3170).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7258 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 22.3633) against the same month in 2015 (average: 15.9854), the exchange rate shifted by +6.3779 (+39.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.6416 | 18.2610 | 19.1234 |
| February | 22.2620 | 19.8602 | 20.8745 |
| March | 22.2236 | 20.3937 | 21.0387 |
| April | 20.8502 | 19.8081 | 20.3129 |
| May | 20.1489 | 19.6557 | 19.9290 |
| June | 21.4882 | 19.3918 | 19.9680 |
| July | 21.2515 | 20.5998 | 21.0276 |
| August | 21.2560 | 20.6649 | 20.9445 |
| September | 21.6623 | 21.0681 | 21.3042 |
| October | 21.6432 | 21.3170 | 21.4324 |
| November | 22.2648 | 21.1553 | 21.6481 |
| December | 22.6244 | 21.8611 | 22.3633 |