YEARLY HIGH
155.3817 NPR
YEARLY LOW
149.4255 NPR
YEARLY AVERAGE
151.6758 NPR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 776,909 NPR
2015 Average 723,994 NPR
Yearly Trough Low 747,128 NPR
Transaction Impact: A difference of 29,780.80 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

154.4546
149.6935
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 151.6798
H2 Avg (Jul–Dec) 151.6719

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±4.6087
April Spread (Stable) ±0.9427

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 2.9313 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.9313

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (February) 154.0578
2015 Avg (February) 139.9569

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