YEARLY HIGH
29.3796 MXN
YEARLY LOW
24.2548 MXN
YEARLY AVERAGE
26.3717 MXN

2016 JOD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 29.3796. Conversely, the yearly low was recorded on May 1, dropping to 24.2548.

This high-to-low spread represents a total annual volatility of 5.1248 MXN. From a start-to-finish perspective, comparing the January average rate of 25.4210 to the December average rate of 28.9795, the exchange rate registered a net change of 14.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 29.3796 was up 19.95% compared to the 2015 peak of 24.4938, 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 146,898 MXN
2015 Average 111,988 MXN
Yearly Trough Low 121,274 MXN
Transaction Impact: A difference of 25,623.97 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

29.4095
24.2491
JanuMarcMayJulySeptNove

JOD to MXN 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 25.4945, compared to 27.2490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7545 points.

H1 Avg (Jan–Jun) 25.4945
H2 Avg (Jul–Dec) 27.2490

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 3.4371 MXN (High: 29.3796 / Low: 25.9425). On the other end, December was the most stable month, with a tight range of 0.7258 MXN (High: 29.3177 / Low: 28.5920).

November Spread (Volatile) ±3.4371
December Spread (Stable) ±0.7258

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.1779 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1779

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 28.3597) against the same month in 2015 (average: 23.4496), the exchange rate shifted by +4.9101 (+20.94%).

2016 Avg (November) 28.3597
2015 Avg (November) 23.4496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.3514 24.2662 25.4210
February 26.9238 25.5528 26.0539
March 25.3657 24.3562 24.8760
April 25.1943 24.2551 24.6791
May 26.1050 24.2548 25.5875
June 26.9604 25.7284 26.3496
July 26.6393 25.8951 26.2245
August 26.6876 25.4817 26.0914
September 28.0301 25.8890 27.0991
October 27.3707 26.1708 26.7396
November 29.3796 25.9425 28.3597
December 29.3177 28.5920 28.9795