YEARLY HIGH
0.5335 BHD
YEARLY LOW
0.5306 BHD
YEARLY AVERAGE
0.5321 BHD

2016 JOD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.5335. Conversely, the yearly low was recorded on January 17, dropping to 0.5306.

This high-to-low spread represents a total annual volatility of 0.0029 BHD. From a start-to-finish perspective, comparing the January average rate of 0.5314 to the December average rate of 0.5320, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5335 was down 0.05% compared to the 2015 peak of 0.5338, 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 2,668 BHD
2015 Average 2,660 BHD
Yearly Trough Low 2,653 BHD
Transaction Impact: A difference of 14.72 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5327
0.5313
JanuMarcMayJulySeptNove

JOD to BHD 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 0.5320, compared to 0.5322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.5320
H2 Avg (Jul–Dec) 0.5322

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0024 BHD (High: 0.5335 / Low: 0.5311). On the other end, April was the most stable month, with a tight range of 0.0007 BHD (High: 0.5323 / Low: 0.5316).

February Spread (Volatile) ±0.0024
April Spread (Stable) ±0.0007

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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.5321) against the same month in 2015 (average: 0.5315), the exchange rate shifted by +0.0006 (+0.11%).

2016 Avg (February) 0.5321
2015 Avg (February) 0.5315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5328 0.5306 0.5314
February 0.5335 0.5311 0.5321
March 0.5327 0.5315 0.5321
April 0.5323 0.5316 0.5320
May 0.5330 0.5313 0.5320
June 0.5330 0.5316 0.5323
July 0.5333 0.5317 0.5326
August 0.5333 0.5313 0.5322
September 0.5323 0.5316 0.5321
October 0.5326 0.5317 0.5322
November 0.5328 0.5318 0.5322
December 0.5326 0.5315 0.5320