YEARLY HIGH
42935.2537 IRR
YEARLY LOW
42254.8702 IRR
YEARLY AVERAGE
42547.8279 IRR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 214,676,269 IRR
2015 Average 204,279,869 IRR
Yearly Trough Low 211,274,351 IRR
Transaction Impact: A difference of 3,401,917.55 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

42867.7665
42252.6748
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 42626.6571
H2 Avg (Jul–Dec) 42468.9986

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±542.3016
November Spread (Stable) ±48.9013

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -267.8662

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (July) 42548.6427
2015 Avg (July) 41614.1275

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