YEARLY HIGH
150.5609 CVE
YEARLY LOW
134.8047 CVE
YEARLY AVERAGE
140.6576 CVE

2016 JOD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 150.5609. Conversely, the yearly low was recorded on May 4, dropping to 134.8047.

This high-to-low spread represents a total annual volatility of 15.7562 CVE. From a start-to-finish perspective, comparing the January average rate of 143.0987 to the December average rate of 147.7203, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 150.5609 was up 2.03% compared to the 2015 peak of 147.5701, 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 752,804 CVE
2015 Average 700,600 CVE
Yearly Trough Low 674,024 CVE
Transaction Impact: A difference of 78,780.76 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

148.7619
136.2616
JanuMarcMayJulySeptNove

JOD to CVE 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 139.4446, compared to 141.8706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4260 points.

H1 Avg (Jan–Jun) 139.4446
H2 Avg (Jul–Dec) 141.8706

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 7.2314 CVE (High: 147.2724 / Low: 140.0410). On the other end, September was the most stable month, with a tight range of 1.3337 CVE (High: 139.4710 / Low: 138.1374).

November Spread (Volatile) ±7.2314
September Spread (Stable) ±1.3337

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 January and February, when the average rate fell by 2.8241 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.8241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 147.7203) against the same month in 2015 (average: 142.5944), the exchange rate shifted by +5.1259 (+3.59%).

2016 Avg (December) 147.7203
2015 Avg (December) 142.5944

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 144.4502 142.0932 143.0987
February 143.1715 137.8540 140.2746
March 143.3043 137.3380 140.0183
April 138.5431 136.1980 137.3033
May 139.7389 134.8047 137.3712
June 141.2746 136.5207 138.6014
July 141.7116 139.5239 140.5660
August 140.4452 137.3541 138.8534
September 139.4710 138.1374 138.8264
October 143.1833 138.4669 141.0458
November 147.2724 140.0410 144.2118
December 150.5609 144.6904 147.7203