2016 JOD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 155.3817. Conversely, the yearly low was recorded on January 3, dropping to 149.4255.
This high-to-low spread represents a total annual volatility of 5.9562 NPR. From a start-to-finish perspective, comparing the January average rate of 151.7884 to the December average rate of 153.2665, the exchange rate registered a net change of 0.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 155.3817 was up 2.72% compared to the 2015 peak of 151.2627, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
JOD to NPR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 151.6798, compared to 151.6719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 4.6087 NPR (High: 154.9703 / Low: 150.3616). On the other end, April was the most stable month, with a tight range of 0.9427 NPR (High: 150.4237 / Low: 149.4810).
Growth Streaks & Declines
TrendsBetween 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 2.9313 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 154.0578) against the same month in 2015 (average: 139.9569), the exchange rate shifted by +14.1009 (+10.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 153.7960 | 149.4255 | 151.7884 |
| February | 155.3817 | 152.6018 | 154.0578 |
| March | 153.7703 | 149.5901 | 151.1265 |
| April | 150.4237 | 149.4810 | 150.0903 |
| May | 152.6680 | 149.6039 | 151.0465 |
| June | 153.5140 | 150.6895 | 151.9693 |
| July | 152.3655 | 150.9756 | 151.7412 |
| August | 151.9331 | 150.5387 | 151.0843 |
| September | 151.4977 | 149.9281 | 150.7289 |
| October | 151.0340 | 149.7605 | 150.6330 |
| November | 154.9703 | 150.3616 | 152.5774 |
| December | 154.2649 | 152.2824 | 153.2665 |