2016 JOD to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 51.0756. Conversely, the yearly low was recorded on August 16, dropping to 48.9030.
This high-to-low spread represents a total annual volatility of 2.1725 MUR. From a start-to-finish perspective, comparing the January average rate of 50.8535 to the December average rate of 50.7320, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 51.0756 was down 1.39% compared to the 2015 peak of 51.7933, 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 MUR 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 50.1285, compared to 50.1405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 1.2716 MUR (High: 50.1746 / Low: 48.9030). On the other end, July was the most stable month, with a tight range of 0.2357 MUR (High: 50.0820 / Low: 49.8463).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6789 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 50.8535) against the same month in 2015 (average: 45.5060), the exchange rate shifted by +5.3475 (+11.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.0756 | 50.5636 | 50.8535 |
| February | 50.9712 | 50.1350 | 50.4498 |
| March | 50.7771 | 49.7430 | 50.2198 |
| April | 49.7304 | 49.3935 | 49.5409 |
| May | 49.9865 | 49.4496 | 49.6377 |
| June | 50.3379 | 49.8281 | 50.0694 |
| July | 50.0820 | 49.8463 | 49.9820 |
| August | 50.1746 | 48.9030 | 49.5765 |
| September | 50.0707 | 49.6536 | 49.8052 |
| October | 50.6313 | 49.9070 | 50.2466 |
| November | 50.8368 | 50.0589 | 50.5005 |
| December | 50.9158 | 50.5594 | 50.7320 |