2016 JOD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 42935.2537. Conversely, the yearly low was recorded on January 5, dropping to 42254.8702.
This high-to-low spread represents a total annual volatility of 680.3835 IRR. From a start-to-finish perspective, comparing the January average rate of 42303.9324 to the December average rate of 42458.3735, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 42935.2537 was up 1.41% compared to the 2015 peak of 42336.3362, 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 IRR 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 42626.6571, compared to 42468.9986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 157.6586 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 542.3016 IRR (High: 42935.2537 / Low: 42392.9521). On the other end, November was the most stable month, with a tight range of 48.9013 IRR (High: 42481.9264 / Low: 42433.0251).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 267.8662 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 42548.6427) against the same month in 2015 (average: 41614.1275), the exchange rate shifted by +934.5151 (+2.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 42368.7519 | 42254.8702 | 42303.9324 |
| February | 42698.5187 | 42325.5519 | 42585.3615 |
| March | 42749.0890 | 42615.7844 | 42656.7956 |
| April | 42706.9599 | 42617.0815 | 42672.8577 |
| May | 42817.7225 | 42644.9118 | 42724.4868 |
| June | 42916.1832 | 42532.9812 | 42816.5089 |
| July | 42935.2537 | 42392.9521 | 42548.6427 |
| August | 42491.8296 | 42369.6330 | 42444.3231 |
| September | 42480.2178 | 42409.1846 | 42450.9690 |
| October | 42495.8503 | 42411.8289 | 42453.6861 |
| November | 42481.9264 | 42433.0251 | 42457.9971 |
| December | 42484.2064 | 42405.3969 | 42458.3735 |