YEARLY HIGH
21.7479 MVR
YEARLY LOW
21.2294 MVR
YEARLY AVERAGE
21.5458 MVR

2016 JOD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 21.7479. Conversely, the yearly low was recorded on June 30, dropping to 21.2294.

This high-to-low spread represents a total annual volatility of 0.5185 MVR. From a start-to-finish perspective, comparing the January average rate of 21.5847 to the December average rate of 21.6263, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 21.7479 was up 0.16% compared to the 2015 peak of 21.7128, 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 108,740 MVR
2015 Average 107,863 MVR
Yearly Trough Low 106,147 MVR
Transaction Impact: A difference of 2,592.45 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

21.6455
21.4150
JanuMarcMayJulySeptNove

JOD to MVR 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 21.5656, compared to 21.5260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0396 points.

H1 Avg (Jan–Jun) 21.5656
H2 Avg (Jul–Dec) 21.5260

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.4237 MVR (High: 21.6531 / Low: 21.2294). On the other end, September was the most stable month, with a tight range of 0.0953 MVR (High: 21.5864 / Low: 21.4912).

June Spread (Volatile) ±0.4237
September Spread (Stable) ±0.0953

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 0.1332 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 21.6263) against the same month in 2015 (average: 21.6029), the exchange rate shifted by +0.0234 (+0.11%).

2016 Avg (December) 21.6263
2015 Avg (December) 21.6029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.6464 21.4669 21.5847
February 21.6766 21.4243 21.5895
March 21.6632 21.4335 21.5416
April 21.6430 21.2546 21.5283
May 21.6639 21.4851 21.5797
June 21.6531 21.2294 21.5695
July 21.5243 21.2761 21.4364
August 21.5405 21.3051 21.4342
September 21.5864 21.4912 21.5385
October 21.6483 21.4910 21.5509
November 21.7157 21.4032 21.5698
December 21.7479 21.4285 21.6263