YEARLY HIGH
508.3001 MRO
YEARLY LOW
434.8315 MRO
YEARLY AVERAGE
495.3880 MRO

2016 JOD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 508.3001. Conversely, the yearly low was recorded on January 6, dropping to 434.8315.

This high-to-low spread represents a total annual volatility of 73.4687 MRO. From a start-to-finish perspective, comparing the January average rate of 471.8678 to the December average rate of 505.5819, 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 508.3001 was up 5.91% compared to the 2015 peak of 479.9533, 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 2,541,501 MRO
2015 Average 2,182,529 MRO
Yearly Trough Low 2,174,157 MRO
Transaction Impact: A difference of 367,343.33 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

508.9533
468.4964
JanuMarcMayJulySeptNove

JOD to MRO 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 487.6632, compared to 503.1129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.4497 points.

H1 Avg (Jan–Jun) 487.6632
H2 Avg (Jul–Dec) 503.1129

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 51.0860 MRO (High: 485.9174 / Low: 434.8315). On the other end, September was the most stable month, with a tight range of 2.7021 MRO (High: 504.0134 / Low: 501.3113).

January Spread (Volatile) ±51.0860
September Spread (Stable) ±2.7021

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 1.1721 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.1721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 505.5819) against the same month in 2015 (average: 429.6376), the exchange rate shifted by +75.9444 (+17.68%).

2016 Avg (December) 505.5819
2015 Avg (December) 429.6376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 485.9174 434.8315 471.8678
February 485.8848 465.2928 482.4674
March 490.5703 482.1723 485.1013
April 490.9160 482.4930 487.7867
May 502.9150 484.0381 496.4292
June 504.3537 500.9016 502.3266
July 503.2338 499.1842 501.1545
August 505.2497 498.9577 501.6287
September 504.0134 501.3113 502.2469
October 505.0195 499.9516 503.3206
November 507.4170 503.0930 504.7448
December 508.3001 502.9729 505.5819