YEARLY HIGH
2384.7637 BIF
YEARLY LOW
2177.3525 BIF
YEARLY AVERAGE
2281.7378 BIF

2016 JOD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 2384.7637. Conversely, the yearly low was recorded on April 3, dropping to 2177.3525.

This high-to-low spread represents a total annual volatility of 207.4112 BIF. From a start-to-finish perspective, comparing the January average rate of 2202.0170 to the December average rate of 2365.3482, the exchange rate registered a net change of 7.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2384.7637 was up 3.12% compared to the 2015 peak of 2312.5690, 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 11,923,819 BIF
2015 Average 11,050,153 BIF
Yearly Trough Low 10,886,762 BIF
Transaction Impact: A difference of 1,037,056.21 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2382.6045
2175.5287
JanuMarcMayJulySeptNove

JOD to BIF 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 2211.1206, compared to 2352.3551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 141.2346 points.

H1 Avg (Jan–Jun) 2211.1206
H2 Avg (Jul–Dec) 2352.3551

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 195.1074 BIF (High: 2383.9240 / Low: 2188.8166). On the other end, October was the most stable month, with a tight range of 18.1240 BIF (High: 2360.3075 / Low: 2342.1834).

June Spread (Volatile) ±195.1074
October Spread (Stable) ±18.1240

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 10.4817 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -10.4817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2365.3482) against the same month in 2015 (average: 2192.6443), the exchange rate shifted by +172.7039 (+7.88%).

2016 Avg (December) 2365.3482
2015 Avg (December) 2192.6443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2219.3726 2180.6175 2202.0170
February 2213.5414 2185.7691 2201.5925
March 2217.3698 2187.9129 2203.2667
April 2209.1807 2177.3525 2192.7850
May 2213.6212 2186.6627 2200.5315
June 2383.9240 2188.8166 2266.5306
July 2351.2868 2328.7347 2340.0710
August 2365.9507 2332.7254 2346.0197
September 2362.8998 2340.9451 2348.9926
October 2360.3075 2342.1834 2353.2292
November 2369.5401 2351.1774 2360.4700
December 2384.7637 2354.7493 2365.3482