YEARLY HIGH
23.7235 NAD
YEARLY LOW
18.8098 NAD
YEARLY AVERAGE
20.7533 NAD

2016 JOD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 23.7235. Conversely, the yearly low was recorded on August 16, dropping to 18.8098.

This high-to-low spread represents a total annual volatility of 4.9137 NAD. From a start-to-finish perspective, comparing the January average rate of 22.9479 to the December average rate of 19.5807, the exchange rate registered a net change of -14.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 23.7235 was up 6.07% compared to the 2015 peak of 22.3658, 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 118,618 NAD
2015 Average 90,115 NAD
Yearly Trough Low 94,049 NAD
Transaction Impact: A difference of 24,568.56 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

23.3001
19.0737
JanuMarcMayJulySeptNove

JOD to NAD 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 21.7391, compared to 19.7674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9717 points.

H1 Avg (Jan–Jun) 21.7391
H2 Avg (Jul–Dec) 19.7674

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 2.2619 NAD (High: 22.2926 / Low: 20.0307). On the other end, December was the most stable month, with a tight range of 0.8936 NAD (High: 19.9954 / Low: 19.1018).

May Spread (Volatile) ±2.2619
December Spread (Stable) ±0.8936

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.0636 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.0636

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 22.9479) against the same month in 2015 (average: 16.3079), the exchange rate shifted by +6.6400 (+40.72%).

2016 Avg (January) 22.9479
2015 Avg (January) 16.3079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.7235 21.8421 22.9479
February 22.7765 21.5293 22.2931
March 22.3251 20.8801 21.6868
April 21.5114 20.0859 20.6232
May 22.2926 20.0307 21.5990
June 22.0855 20.3535 21.2846
July 20.8254 19.7037 20.3208
August 20.6088 18.8098 19.4259
September 20.6260 19.1184 19.8600
October 20.1539 19.1487 19.6712
November 20.4313 18.8184 19.7461
December 19.9954 19.1018 19.5807