YEARLY HIGH
31.7812 ETB
YEARLY LOW
29.8626 ETB
YEARLY AVERAGE
30.8195 ETB

2016 JOD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 31.7812. Conversely, the yearly low was recorded on January 6, dropping to 29.8626.

This high-to-low spread represents a total annual volatility of 1.9186 ETB. From a start-to-finish perspective, comparing the January average rate of 29.9579 to the December average rate of 31.6171, the exchange rate registered a net change of 5.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 31.7812 was up 6.25% compared to the 2015 peak of 29.9109, 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 158,906 ETB
2015 Average 145,939 ETB
Yearly Trough Low 149,313 ETB
Transaction Impact: A difference of 9,593.00 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

31.7830
29.7920
JanuMarcMayJulySeptNove

JOD to ETB 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 30.3403, compared to 31.2987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9584 points.

H1 Avg (Jan–Jun) 30.3403
H2 Avg (Jul–Dec) 31.2987

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.5082 ETB (High: 30.9236 / Low: 30.4153). On the other end, April was the most stable month, with a tight range of 0.1819 ETB (High: 30.5195 / Low: 30.3376).

May Spread (Volatile) ±0.5082
April Spread (Stable) ±0.1819

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 31.6171) against the same month in 2015 (average: 29.7706), the exchange rate shifted by +1.8465 (+6.20%).

2016 Avg (December) 31.6171
2015 Avg (December) 29.7706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.1625 29.8626 29.9579
February 30.1774 29.9320 30.0847
March 30.3831 30.0590 30.1849
April 30.5195 30.3376 30.4228
May 30.9236 30.4153 30.6038
June 30.9190 30.6770 30.7877
July 31.1376 30.8233 30.9907
August 31.3051 31.0428 31.1433
September 31.2913 31.0914 31.1986
October 31.4939 31.2197 31.3370
November 31.6389 31.3991 31.5054
December 31.7812 31.4110 31.6171