YEARLY HIGH
1959.3058 MMK
YEARLY LOW
1641.1734 MMK
YEARLY AVERAGE
1743.8141 MMK

2016 JOD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 1959.3058. Conversely, the yearly low was recorded on April 25, dropping to 1641.1734.

This high-to-low spread represents a total annual volatility of 318.1325 MMK. From a start-to-finish perspective, comparing the January average rate of 1832.3482 to the December average rate of 1905.6009, the exchange rate registered a net change of 4.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1959.3058 was up 5.61% compared to the 2015 peak of 1855.2261, 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 9,796,529 MMK
2015 Average 7,824,046 MMK
Yearly Trough Low 8,205,867 MMK
Transaction Impact: A difference of 1,590,662.39 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1930.6411
1630.1586
JanuMarcMayJulySeptNove

JOD to MMK 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 1718.1158, compared to 1769.5125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 51.3967 points.

H1 Avg (Jan–Jun) 1718.1158
H2 Avg (Jul–Dec) 1769.5125

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 103.7582 MMK (High: 1959.3058 / Low: 1855.5476). On the other end, January was the most stable month, with a tight range of 25.9254 MMK (High: 1846.9619 / Low: 1821.0365).

December Spread (Volatile) ±103.7582
January Spread (Stable) ±25.9254

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 73.1135 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -73.1135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1905.6009) against the same month in 2015 (average: 1830.4352), the exchange rate shifted by +75.1657 (+4.11%).

2016 Avg (December) 1905.6009
2015 Avg (December) 1830.4352

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1846.9619 1821.0365 1832.3482
February 1830.7083 1730.6786 1759.2347
March 1752.8308 1701.5282 1716.7054
April 1716.5947 1641.1734 1669.2656
May 1677.6598 1643.0180 1655.1988
June 1687.9754 1658.5118 1675.9421
July 1678.4239 1647.4565 1663.8201
August 1712.8478 1668.7280 1683.9718
September 1775.2214 1696.1108 1734.5918
October 1819.9731 1763.4708 1797.4695
November 1859.5479 1800.5957 1831.6207
December 1959.3058 1855.5476 1905.6009