YEARLY HIGH
2.0562 CAD
YEARLY LOW
1.7693 CAD
YEARLY AVERAGE
1.8706 CAD

2016 JOD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 2.0562. Conversely, the yearly low was recorded on May 2, dropping to 1.7693.

This high-to-low spread represents a total annual volatility of 0.2869 CAD. From a start-to-finish perspective, comparing the January average rate of 2.0005 to the December average rate of 1.8850, the exchange rate registered a net change of -5.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.0562 was up 4.49% compared to the 2015 peak of 1.9678, 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 10,281 CAD
2015 Average 9,021 CAD
Yearly Trough Low 8,847 CAD
Transaction Impact: A difference of 1,434.27 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0195
1.7919
JanuMarcMayJulySeptNove

JOD to CAD 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 1.8784, compared to 1.8628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 1.8784
H2 Avg (Jul–Dec) 1.8628

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1045 CAD (High: 2.0562 / Low: 1.9517). On the other end, November was the most stable month, with a tight range of 0.0321 CAD (High: 1.9117 / Low: 1.8796).

January Spread (Volatile) ±0.1045
November Spread (Stable) ±0.0321

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 0.0806 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.0005) against the same month in 2015 (average: 1.7043), the exchange rate shifted by +0.2962 (+17.38%).

2016 Avg (January) 2.0005
2015 Avg (January) 1.7043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0562 1.9517 2.0005
February 1.9825 1.9048 1.9462
March 1.8969 1.8319 1.8656
April 1.8560 1.7716 1.8109
May 1.8555 1.7693 1.8267
June 1.8492 1.7952 1.8203
July 1.8608 1.8157 1.8394
August 1.8612 1.8063 1.8348
September 1.8648 1.8172 1.8478
October 1.8935 1.8512 1.8704
November 1.9117 1.8796 1.8994
December 1.9173 1.8542 1.8850