YEARLY HIGH
12.6028 NOK
YEARLY LOW
11.2601 NOK
YEARLY AVERAGE
11.8554 NOK

2016 JOD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 12.6028. Conversely, the yearly low was recorded on October 3, dropping to 11.2601.

This high-to-low spread represents a total annual volatility of 1.3427 NOK. From a start-to-finish perspective, comparing the January average rate of 12.4238 to the December average rate of 12.1026, the exchange rate registered a net change of -2.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 12.6028 was up 1.12% compared to the 2015 peak of 12.4633, 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 63,014 NOK
2015 Average 56,905 NOK
Yearly Trough Low 56,300 NOK
Transaction Impact: A difference of 6,713.46 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

12.5136
11.4353
JanuMarcMayJulySeptNove

JOD to NOK 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 11.9124, compared to 11.7983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1141 points.

H1 Avg (Jan–Jun) 11.9124
H2 Avg (Jul–Dec) 11.7983

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.6292 NOK (High: 12.1447 / Low: 11.5155). On the other end, February was the most stable month, with a tight range of 0.2471 NOK (High: 12.2981 / Low: 12.0510).

November Spread (Volatile) ±0.6292
February Spread (Stable) ±0.2471

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3396 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 12.4238) against the same month in 2015 (average: 10.8152), the exchange rate shifted by +1.6086 (+14.87%).

2016 Avg (January) 12.4238
2015 Avg (January) 10.8152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.6028 12.1803 12.4238
February 12.2981 12.0510 12.1447
March 12.2313 11.6848 11.9503
April 11.7611 11.3799 11.6106
May 11.8155 11.3307 11.6247
June 12.0599 11.4482 11.7204
July 12.1016 11.7180 11.9533
August 12.0167 11.5275 11.7235
September 11.7674 11.2787 11.5956
October 11.6877 11.2601 11.5252
November 12.1447 11.5155 11.8898
December 12.3049 11.8041 12.1026