2016 JOD to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 1687.3788. Conversely, the yearly low was recorded on June 11, dropping to 1285.7696.
This high-to-low spread represents a total annual volatility of 401.6092 CDF. From a start-to-finish perspective, comparing the January average rate of 1306.9128 to the December average rate of 1644.5130, the exchange rate registered a net change of 25.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1687.3788 was up 28.15% compared to the 2015 peak of 1316.7639, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
JOD to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1311.7972, compared to 1420.4452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 108.6479 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 321.1470 CDF (High: 1615.6844 / Low: 1294.5374). On the other end, February was the most stable month, with a tight range of 6.7423 CDF (High: 1312.6944 / Low: 1305.9521).
Growth Streaks & Declines
TrendsBetween May and August, 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 September and October, when the average rate fell by 6.6486 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 1644.5130) against the same month in 2015 (average: 1306.7515), the exchange rate shifted by +337.7616 (+25.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1311.8918 | 1303.4256 | 1306.9128 |
| February | 1312.6944 | 1305.9521 | 1310.1448 |
| March | 1311.0037 | 1302.6475 | 1308.2281 |
| April | 1312.6495 | 1305.8074 | 1309.7010 |
| May | 1312.1723 | 1305.4096 | 1309.4189 |
| June | 1356.5794 | 1285.7696 | 1326.3777 |
| July | 1379.6878 | 1330.9041 | 1343.4350 |
| August | 1387.0571 | 1368.5578 | 1378.6437 |
| September | 1385.5159 | 1369.8034 | 1377.9324 |
| October | 1384.0636 | 1353.4967 | 1371.2838 |
| November | 1615.6844 | 1294.5374 | 1406.8629 |
| December | 1687.3788 | 1598.6135 | 1644.5130 |