YEARLY HIGH
3.0740 FJD
YEARLY LOW
2.8745 FJD
YEARLY AVERAGE
2.9441 FJD

2016 JOD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 3.0740. Conversely, the yearly low was recorded on November 4, dropping to 2.8745.

This high-to-low spread represents a total annual volatility of 0.1995 FJD. From a start-to-finish perspective, comparing the January average rate of 3.0369 to the December average rate of 2.9694, the exchange rate registered a net change of -2.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.0740 was down 0.56% compared to the 2015 peak of 3.0912, 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 15,370 FJD
2015 Average 14,741 FJD
Yearly Trough Low 14,372 FJD
Transaction Impact: A difference of 997.62 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.0513
2.8783
JanuMarcMayJulySeptNove

JOD to FJD 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 2.9712, compared to 2.9170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0542 points.

H1 Avg (Jan–Jun) 2.9712
H2 Avg (Jul–Dec) 2.9170

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1020 FJD (High: 2.9765 / Low: 2.8745). On the other end, August was the most stable month, with a tight range of 0.0340 FJD (High: 2.9152 / Low: 2.8812).

November Spread (Volatile) ±0.1020
August Spread (Stable) ±0.0340

Growth Streaks & Declines

Trends

Between September and December, 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 0.0567 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 3.0369) against the same month in 2015 (average: 2.8269), the exchange rate shifted by +0.2100 (+7.43%).

2016 Avg (January) 3.0369
2015 Avg (January) 2.8269

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0740 2.9906 3.0369
February 3.0531 2.9897 3.0128
March 3.0117 2.9147 2.9561
April 2.9446 2.8848 2.9186
May 3.0001 2.9038 2.9660
June 2.9828 2.9101 2.9371
July 2.9351 2.8844 2.9121
August 2.9152 2.8812 2.8943
September 2.9124 2.8781 2.8928
October 2.9284 2.8777 2.9057
November 2.9765 2.8745 2.9278
December 3.0160 2.9297 2.9694