2016 JOD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 182.9793. Conversely, the yearly low was recorded on January 10, dropping to 169.0097.
This high-to-low spread represents a total annual volatility of 13.9695 JMD. From a start-to-finish perspective, comparing the January average rate of 169.8546 to the December average rate of 181.9772, the exchange rate registered a net change of 7.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 182.9793 was up 7.84% compared to the 2015 peak of 169.6824, 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 JMD 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 172.6662, compared to 180.4395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.7733 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 3.4577 JMD (High: 176.2713 / Low: 172.8136). On the other end, March was the most stable month, with a tight range of 0.6104 JMD (High: 171.7926 / Low: 171.1822).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3381 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 181.9772) against the same month in 2015 (average: 168.8499), the exchange rate shifted by +13.1273 (+7.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 171.2928 | 169.0097 | 169.8546 |
| February | 171.7427 | 170.2789 | 171.0733 |
| March | 171.7926 | 171.1822 | 171.4946 |
| April | 173.5998 | 171.4211 | 172.1317 |
| May | 176.2713 | 172.8136 | 174.5449 |
| June | 178.5861 | 175.9625 | 176.8981 |
| July | 179.1215 | 178.0672 | 178.5475 |
| August | 179.9431 | 178.1093 | 178.9260 |
| September | 180.2777 | 179.3940 | 179.7924 |
| October | 182.3742 | 179.6795 | 181.0789 |
| November | 182.8826 | 181.7221 | 182.3153 |
| December | 182.9793 | 181.3836 | 181.9772 |