YEARLY HIGH
1061.6581 MWK
YEARLY LOW
928.1102 MWK
YEARLY AVERAGE
1002.5553 MWK

2016 JOD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 1061.6581. Conversely, the yearly low was recorded on January 5, dropping to 928.1102.

This high-to-low spread represents a total annual volatility of 133.5478 MWK. From a start-to-finish perspective, comparing the January average rate of 972.3878 to the December average rate of 1021.0141, the exchange rate registered a net change of 5.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1061.6581 was up 13.37% compared to the 2015 peak of 936.4292, 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 5,308,290 MWK
2015 Average 3,516,301 MWK
Yearly Trough Low 4,640,551 MWK
Transaction Impact: A difference of 667,739.16 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1051.9241
953.0786
JanuMarcMayJulySeptNove

JOD to MWK 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 990.7019, compared to 1014.4087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.7068 points.

H1 Avg (Jan–Jun) 990.7019
H2 Avg (Jul–Dec) 1014.4087

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 104.9620 MWK (High: 1033.0723 / Low: 928.1102). On the other end, September was the most stable month, with a tight range of 4.5980 MWK (High: 1017.0335 / Low: 1012.4355).

January Spread (Volatile) ±104.9620
September Spread (Stable) ±4.5980

Growth Streaks & Declines

Trends

Between April and September, 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 February and March, when the average rate fell by 56.0047 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -56.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1043.6870) against the same month in 2015 (average: 633.7804), the exchange rate shifted by +409.9066 (+64.68%).

2016 Avg (February) 1043.6870
2015 Avg (February) 633.7804

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1033.0723 928.1102 972.3878
February 1061.6581 1009.5392 1043.6870
March 1049.6526 956.8616 987.6823
April 972.8557 950.5151 961.3158
May 1000.8522 962.4916 982.4481
June 1003.8272 981.5934 996.6902
July 1013.2520 997.0217 1007.5140
August 1019.1273 1006.7977 1013.7852
September 1017.0335 1012.4355 1014.7375
October 1016.8212 1006.3124 1013.7961
November 1020.7563 1012.2379 1015.6054
December 1027.9597 1011.1433 1021.0141