YEARLY HIGH
9.8287 BOB
YEARLY LOW
9.6174 BOB
YEARLY AVERAGE
9.7364 BOB

2016 JOD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 9.8287. Conversely, the yearly low was recorded on April 3, dropping to 9.6174.

This high-to-low spread represents a total annual volatility of 0.2113 BOB. From a start-to-finish perspective, comparing the January average rate of 9.7405 to the December average rate of 9.7713, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 9.8287 was up 0.44% compared to the 2015 peak of 9.7853, 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 49,144 BOB
2015 Average 48,714 BOB
Yearly Trough Low 48,087 BOB
Transaction Impact: A difference of 1,056.75 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

9.7834
9.6383
JanuMarcMayJulySeptNove

JOD to BOB 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 9.7137, compared to 9.7591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0454 points.

H1 Avg (Jan–Jun) 9.7137
H2 Avg (Jul–Dec) 9.7591

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.1465 BOB (High: 9.7638 / Low: 9.6174). On the other end, June was the most stable month, with a tight range of 0.0478 BOB (High: 9.7431 / Low: 9.6953).

April Spread (Volatile) ±0.1465
June Spread (Stable) ±0.0478

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0783 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0783

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 9.7713) against the same month in 2015 (average: 9.7341), the exchange rate shifted by +0.0372 (+0.38%).

2016 Avg (December) 9.7713
2015 Avg (December) 9.7341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.7634 9.7148 9.7405
February 9.7634 9.6750 9.7286
March 9.6881 9.6175 9.6504
April 9.7638 9.6174 9.7052
May 9.7718 9.7110 9.7334
June 9.7431 9.6953 9.7240
July 9.7700 9.6817 9.7311
August 9.8123 9.7350 9.7647
September 9.7887 9.7346 9.7622
October 9.7840 9.7102 9.7616
November 9.8024 9.7328 9.7637
December 9.8287 9.7272 9.7713