YEARLY HIGH
1677.8384 IQD
YEARLY LOW
1532.6609 IQD
YEARLY AVERAGE
1608.1238 IQD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 8,389,192 IQD
2015 Average 8,218,544 IQD
Yearly Trough Low 7,663,305 IQD
Transaction Impact: A difference of 725,887.49 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1672.8226
1523.8942
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1569.5624
H2 Avg (Jul–Dec) 1646.6852

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±110.1581
March Spread (Stable) ±2.6147

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.9329

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (December) 1660.4119
2015 Avg (December) 1546.2963

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