YEARLY HIGH
1.3591 EUR
YEARLY LOW
1.2247 EUR
YEARLY AVERAGE
1.2757 EUR

2016 JOD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.3591. Conversely, the yearly low was recorded on May 2, dropping to 1.2247.

This high-to-low spread represents a total annual volatility of 0.1345 EUR. From a start-to-finish perspective, comparing the January average rate of 1.2977 to the December average rate of 1.3402, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.3591 was up 0.99% compared to the 2015 peak of 1.3458, 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 6,796 EUR
2015 Average 6,360 EUR
Yearly Trough Low 6,123 EUR
Transaction Impact: A difference of 672.31 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.3498
1.2350
JanuMarcMayJulySeptNove

JOD to EUR 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 1.2642, compared to 1.2872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0230 points.

H1 Avg (Jan–Jun) 1.2642
H2 Avg (Jul–Dec) 1.2872

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0716 EUR (High: 1.3387 / Low: 1.2671). On the other end, September was the most stable month, with a tight range of 0.0140 EUR (High: 1.2666 / Low: 1.2526).

November Spread (Volatile) ±0.0716
September Spread (Stable) ±0.0140

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 0.0269 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.3402) against the same month in 2015 (average: 1.2932), the exchange rate shifted by +0.0470 (+3.64%).

2016 Avg (December) 1.3402
2015 Avg (December) 1.2932

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3100 1.2887 1.2977
February 1.2966 1.2471 1.2708
March 1.2988 1.2391 1.2668
April 1.2575 1.2329 1.2445
May 1.2712 1.2247 1.2497
June 1.2813 1.2387 1.2555
July 1.2872 1.2636 1.2754
August 1.2734 1.2437 1.2600
September 1.2666 1.2526 1.2590
October 1.2987 1.2553 1.2795
November 1.3387 1.2671 1.3090
December 1.3591 1.3117 1.3402