YEARLY HIGH
97.0059 INR
YEARLY LOW
93.3162 INR
YEARLY AVERAGE
94.8180 INR

2016 JOD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 97.0059. Conversely, the yearly low was recorded on January 3, dropping to 93.3162.

This high-to-low spread represents a total annual volatility of 3.6897 INR. From a start-to-finish perspective, comparing the January average rate of 94.8706 to the December average rate of 95.7343, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 97.0059 was up 2.44% compared to the 2015 peak of 94.6974, 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 485,030 INR
2015 Average 452,439 INR
Yearly Trough Low 466,581 INR
Transaction Impact: A difference of 18,448.31 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

96.5879
93.5438
JanuMarcMayJulySeptNove

JOD to INR 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 94.8104, compared to 94.8255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 94.8104
H2 Avg (Jul–Dec) 94.8255

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 3.2506 INR (High: 97.0059 / Low: 93.7553). On the other end, October was the most stable month, with a tight range of 0.6538 INR (High: 94.5239 / Low: 93.8701).

November Spread (Volatile) ±3.2506
October Spread (Stable) ±0.6538

Growth Streaks & Declines

Trends

Between April and June, 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 1.8994 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 95.5248) against the same month in 2015 (average: 93.2241), the exchange rate shifted by +2.3008 (+2.47%).

2016 Avg (November) 95.5248
2015 Avg (November) 93.2241

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 96.0775 93.3162 94.8706
February 96.9765 95.4644 96.3342
March 95.7622 93.4168 94.4348
April 94.0931 93.3481 93.7974
May 95.4194 93.7361 94.4720
June 95.9629 94.0222 94.9536
July 95.2659 94.2983 94.7924
August 94.8727 94.1926 94.4857
September 94.6054 93.7209 94.2184
October 94.5239 93.8701 94.1973
November 97.0059 93.7553 95.5248
December 96.4729 95.1845 95.7343