2016 JOD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 19667.5460. Conversely, the yearly low was recorded on September 28, dropping to 18294.1158.
This high-to-low spread represents a total annual volatility of 1373.4302 IDR. From a start-to-finish perspective, comparing the January average rate of 19557.2089 to the December average rate of 18935.8185, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 19667.5460 was down 5.22% compared to the 2015 peak of 20751.2396, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
JOD to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 18934.9134, compared to 18621.3553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 313.5581 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 730.8109 IDR (High: 19264.0998 / Low: 18533.2889). On the other end, October was the most stable month, with a tight range of 126.9781 IDR (High: 18452.2818 / Low: 18325.3037).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 496.9538 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 19557.2089) against the same month in 2015 (average: 17724.3325), the exchange rate shifted by +1832.8764 (+10.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19667.5460 | 19403.7717 | 19557.2089 |
| February | 19394.4810 | 18860.4188 | 19078.6016 |
| March | 18808.6160 | 18365.5236 | 18581.6478 |
| April | 18652.9725 | 18482.2997 | 18587.5840 |
| May | 19264.0998 | 18533.2889 | 18949.3278 |
| June | 19269.7464 | 18601.8818 | 18855.1102 |
| July | 18583.6059 | 18427.0187 | 18515.1845 |
| August | 18751.5240 | 18450.2705 | 18571.1614 |
| September | 18741.3761 | 18294.1158 | 18521.2139 |
| October | 18452.2818 | 18325.3037 | 18384.9929 |
| November | 19124.0860 | 18414.1315 | 18799.7607 |
| December | 19145.2920 | 18770.9435 | 18935.8185 |