YEARLY HIGH
0.4325 KWD
YEARLY LOW
0.4213 KWD
YEARLY AVERAGE
0.4266 KWD

2016 JOD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.4325. Conversely, the yearly low was recorded on February 11, dropping to 0.4213.

This high-to-low spread represents a total annual volatility of 0.0112 KWD. From a start-to-finish perspective, comparing the January average rate of 0.4287 to the December average rate of 0.4313, the exchange rate registered a net change of 0.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4325 was up 0.67% compared to the 2015 peak of 0.4296, 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 2,163 KWD
2015 Average 2,124 KWD
Yearly Trough Low 2,107 KWD
Transaction Impact: A difference of 56.02 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4321
0.4224
JanuMarcMayJulySeptNove

JOD to KWD 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 0.4257, compared to 0.4274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.4257
H2 Avg (Jul–Dec) 0.4274

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0067 KWD (High: 0.4280 / Low: 0.4213). On the other end, September was the most stable month, with a tight range of 0.0012 KWD (High: 0.4261 / Low: 0.4249).

February Spread (Volatile) ±0.0067
September Spread (Stable) ±0.0012

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 January and February, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.4313) against the same month in 2015 (average: 0.4281), the exchange rate shifted by +0.0032 (+0.75%).

2016 Avg (December) 0.4313
2015 Avg (December) 0.4281

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4304 0.4280 0.4287
February 0.4280 0.4213 0.4233
March 0.4266 0.4239 0.4250
April 0.4262 0.4249 0.4258
May 0.4271 0.4239 0.4256
June 0.4267 0.4248 0.4257
July 0.4272 0.4253 0.4264
August 0.4262 0.4249 0.4256
September 0.4261 0.4249 0.4254
October 0.4282 0.4253 0.4270
November 0.4308 0.4266 0.4289
December 0.4325 0.4300 0.4313