YEARLY HIGH
61.0288 GMD
YEARLY LOW
55.2869 GMD
YEARLY AVERAGE
59.2571 GMD

2016 JOD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 61.0288. Conversely, the yearly low was recorded on February 23, dropping to 55.2869.

This high-to-low spread represents a total annual volatility of 5.7419 GMD. From a start-to-finish perspective, comparing the January average rate of 55.7000 to the December average rate of 60.4397, the exchange rate registered a net change of 8.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 61.0288 was down 1.11% compared to the 2015 peak of 61.7112, 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 305,144 GMD
2015 Average 290,621 GMD
Yearly Trough Low 276,434 GMD
Transaction Impact: A difference of 28,709.56 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

60.9136
55.2261
JanuMarcMayJulySeptNove

JOD to GMD 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 58.2536, compared to 60.2606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0070 points.

H1 Avg (Jan–Jun) 58.2536
H2 Avg (Jul–Dec) 60.2606

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 5.0981 GMD (High: 60.4160 / Low: 55.3179). On the other end, October was the most stable month, with a tight range of 0.3801 GMD (High: 60.4186 / Low: 60.0385).

March Spread (Volatile) ±5.0981
October Spread (Stable) ±0.3801

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0807 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 60.4397) against the same month in 2015 (average: 55.7420), the exchange rate shifted by +4.6977 (+8.43%).

2016 Avg (December) 60.4397
2015 Avg (December) 55.7420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.9253 55.3746 55.7000
February 55.8577 55.2869 55.7031
March 60.4160 55.3179 57.3223
April 60.4689 59.8347 60.2047
May 60.4966 60.0370 60.3361
June 60.4880 59.7747 60.2554
July 60.4676 59.9248 60.2574
August 60.5158 59.9700 60.2103
September 60.2988 59.9135 60.1374
October 60.4186 60.0385 60.2359
November 60.6721 59.8622 60.2828
December 61.0288 59.9314 60.4397