2016 JOD to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 1273.0001. Conversely, the yearly low was recorded on February 28, dropping to 1267.5824.
This high-to-low spread represents a total annual volatility of 5.4177 KPW. From a start-to-finish perspective, comparing the January average rate of 1269.1030 to the December average rate of 1270.5313, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1273.0001 was up 0.04% compared to the 2015 peak of 1272.4458, 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 KPW 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 1270.0645, compared to 1270.4406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3761 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 5.4177 KPW (High: 1273.0001 / Low: 1267.5824). On the other end, November was the most stable month, with a tight range of 1.6742 KPW (High: 1271.1951 / Low: 1269.5208).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2165 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 1270.2115) against the same month in 2015 (average: 1268.8484), the exchange rate shifted by +1.3632 (+0.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1271.2956 | 1267.7646 | 1269.1030 |
| February | 1273.0001 | 1267.5824 | 1270.2115 |
| March | 1271.0952 | 1268.9337 | 1270.1975 |
| April | 1270.7536 | 1268.9730 | 1270.1277 |
| May | 1271.4975 | 1268.3935 | 1270.1098 |
| June | 1271.5442 | 1269.2952 | 1270.6372 |
| July | 1271.7167 | 1267.9861 | 1270.4911 |
| August | 1271.2381 | 1268.1719 | 1270.3253 |
| September | 1270.9875 | 1269.1875 | 1270.2398 |
| October | 1271.6117 | 1269.4349 | 1270.6363 |
| November | 1271.1951 | 1269.5208 | 1270.4197 |
| December | 1271.2633 | 1269.1589 | 1270.5313 |