YEARLY HIGH
2.6577 BGN
YEARLY LOW
2.3969 BGN
YEARLY AVERAGE
2.4951 BGN

2016 JOD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.6577. Conversely, the yearly low was recorded on May 4, dropping to 2.3969.

This high-to-low spread represents a total annual volatility of 0.2608 BGN. From a start-to-finish perspective, comparing the January average rate of 2.5383 to the December average rate of 2.6205, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.6577 was up 1.00% compared to the 2015 peak of 2.6313, 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 13,288 BGN
2015 Average 12,437 BGN
Yearly Trough Low 11,984 BGN
Transaction Impact: A difference of 1,303.98 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.6391
2.4159
JanuMarcMayJulySeptNove

JOD to BGN 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 2.4729, compared to 2.5172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0443 points.

H1 Avg (Jan–Jun) 2.4729
H2 Avg (Jul–Dec) 2.5172

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1321 BGN (High: 2.6133 / Low: 2.4812). On the other end, September was the most stable month, with a tight range of 0.0248 BGN (High: 2.4752 / Low: 2.4504).

November Spread (Volatile) ±0.1321
September Spread (Stable) ±0.0248

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0522 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.6205) against the same month in 2015 (average: 2.5305), the exchange rate shifted by +0.0899 (+3.55%).

2016 Avg (December) 2.6205
2015 Avg (December) 2.5305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5593 2.5232 2.5383
February 2.5380 2.4410 2.4861
March 2.5392 2.4262 2.4791
April 2.4581 2.4147 2.4345
May 2.4852 2.3969 2.4435
June 2.5027 2.4249 2.4560
July 2.5133 2.4746 2.4942
August 2.4903 2.4367 2.4638
September 2.4752 2.4504 2.4631
October 2.5388 2.4591 2.5027
November 2.6133 2.4812 2.5592
December 2.6577 2.5735 2.6205