YEARLY HIGH
182.9793 JMD
YEARLY LOW
169.0097 JMD
YEARLY AVERAGE
176.5529 JMD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 914,896 JMD
2015 Average 823,917 JMD
Yearly Trough Low 845,049 JMD
Transaction Impact: A difference of 69,847.67 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

183.5614
168.6085
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 172.6662
H2 Avg (Jul–Dec) 180.4395

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±3.4577
March Spread (Stable) ±0.6104

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.3381

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (December) 181.9772
2015 Avg (December) 168.8499

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