YEARLY HIGH
1749.3262 KRW
YEARLY LOW
1543.4141 KRW
YEARLY AVERAGE
1638.4796 KRW

2016 JOD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 29, valuing the pair at 1749.3262. Conversely, the yearly low was recorded on September 8, dropping to 1543.4141.

This high-to-low spread represents a total annual volatility of 205.9121 KRW. From a start-to-finish perspective, comparing the January average rate of 1693.5376 to the December average rate of 1671.9906, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1749.3262 was up 3.10% compared to the 2015 peak of 1696.7714, 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 8,746,631 KRW
2015 Average 7,983,861 KRW
Yearly Trough Low 7,717,070 KRW
Transaction Impact: A difference of 1,029,560.43 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1734.3673
1551.2029
JanuMarcMayJulySeptNove

JOD to KRW 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 1668.4689, compared to 1608.4904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 59.9785 points.

H1 Avg (Jan–Jun) 1668.4689
H2 Avg (Jul–Dec) 1608.4904

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 126.0356 KRW (High: 1741.4722 / Low: 1615.4366). On the other end, April was the most stable month, with a tight range of 32.1985 KRW (High: 1632.7479 / Low: 1600.5495).

March Spread (Volatile) ±126.0356
April Spread (Stable) ±32.1985

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 51.8667 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -51.8667

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1719.1036) against the same month in 2015 (average: 1552.3823), the exchange rate shifted by +166.7212 (+10.74%).

2016 Avg (February) 1719.1036
2015 Avg (February) 1552.3823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1711.0936 1656.5308 1693.5376
February 1749.3262 1691.1087 1719.1036
March 1741.4722 1615.4366 1671.0467
April 1632.7479 1600.5495 1619.1800
May 1685.3579 1609.1570 1657.8969
June 1684.9397 1623.0360 1650.0484
July 1637.0599 1574.6333 1610.5372
August 1586.3011 1543.7920 1568.6768
September 1590.3364 1543.4141 1566.4666
October 1618.1147 1552.4962 1590.0803
November 1669.0815 1603.3110 1643.1909
December 1709.9365 1640.3458 1671.9906