2016 JOD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1677.8384. Conversely, the yearly low was recorded on January 15, dropping to 1532.6609.
This high-to-low spread represents a total annual volatility of 145.1775 IQD. From a start-to-finish perspective, comparing the January average rate of 1539.8392 to the December average rate of 1660.4119, the exchange rate registered a net change of 7.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1677.8384 was down 0.62% compared to the 2015 peak of 1688.3165, 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 IQD 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 1569.5624, compared to 1646.6852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 77.1228 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 110.1581 IQD (High: 1670.1680 / Low: 1560.0099). On the other end, March was the most stable month, with a tight range of 2.6147 IQD (High: 1537.5434 / Low: 1534.9288).
Growth Streaks & Declines
TrendsBetween February and June, 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 June and July, when the average rate fell by 5.9329 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 1660.4119) against the same month in 2015 (average: 1546.2963), the exchange rate shifted by +114.1155 (+7.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1556.6370 | 1532.6609 | 1539.8392 |
| February | 1539.5397 | 1533.2943 | 1536.3049 |
| March | 1537.5434 | 1534.9288 | 1536.3683 |
| April | 1562.8554 | 1534.9764 | 1546.6919 |
| May | 1670.1680 | 1560.0099 | 1602.9471 |
| June | 1668.5091 | 1635.6986 | 1655.2230 |
| July | 1652.9492 | 1645.9132 | 1649.2901 |
| August | 1649.7441 | 1642.2984 | 1645.5774 |
| September | 1649.6029 | 1640.7435 | 1644.3021 |
| October | 1647.4841 | 1637.8985 | 1642.2061 |
| November | 1665.9580 | 1629.3525 | 1638.3234 |
| December | 1677.8384 | 1622.1455 | 1660.4119 |