YEARLY HIGH
2.5444 AZN
YEARLY LOW
2.0976 AZN
YEARLY AVERAGE
2.2640 AZN

2016 JOD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.5444. Conversely, the yearly low was recorded on May 26, dropping to 2.0976.

This high-to-low spread represents a total annual volatility of 0.4468 AZN. From a start-to-finish perspective, comparing the January average rate of 2.2337 to the December average rate of 2.5018, the exchange rate registered a net change of 12.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.5444 was up 15.43% compared to the 2015 peak of 2.2043, 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 12,722 AZN
2015 Average 7,208 AZN
Yearly Trough Low 10,488 AZN
Transaction Impact: A difference of 2,233.99 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.5402
2.0792
JanuMarcMayJulySeptNove

JOD to AZN 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 2.1914, compared to 2.3365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1451 points.

H1 Avg (Jan–Jun) 2.1914
H2 Avg (Jul–Dec) 2.3365

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.1631 AZN (High: 2.3440 / Low: 2.1809). On the other end, May was the most stable month, with a tight range of 0.0360 AZN (High: 2.1336 / Low: 2.0976).

March Spread (Volatile) ±0.1631
May Spread (Stable) ±0.0360

Growth Streaks & Declines

Trends

Between May and September, 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 0.1382 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.5018) against the same month in 2015 (average: 1.6634), the exchange rate shifted by +0.8385 (+50.41%).

2016 Avg (December) 2.5018
2015 Avg (December) 1.6634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2919 2.2021 2.2337
February 2.2762 2.2011 2.2315
March 2.3440 2.1809 2.2787
April 2.1573 2.1170 2.1405
May 2.1336 2.0976 2.1176
June 2.1931 2.1010 2.1463
July 2.2550 2.1837 2.2116
August 2.3367 2.2535 2.2929
September 2.3450 2.2945 2.3202
October 2.3343 2.2560 2.2843
November 2.4615 2.3326 2.4084
December 2.5444 2.4650 2.5018