YEARLY HIGH
2.2054 NZD
YEARLY LOW
1.8946 NZD
YEARLY AVERAGE
2.0272 NZD

2016 JOD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 2.2054. Conversely, the yearly low was recorded on September 7, dropping to 1.8946.

This high-to-low spread represents a total annual volatility of 0.3108 NZD. From a start-to-finish perspective, comparing the January average rate of 2.1550 to the December average rate of 2.0100, the exchange rate registered a net change of -6.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.2054 was down 2.00% compared to the 2015 peak of 2.2505, 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 11,027 NZD
2015 Average 10,120 NZD
Yearly Trough Low 9,473 NZD
Transaction Impact: A difference of 1,554.09 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1772
1.9101
JanuMarcMayJulySeptNove

JOD to NZD 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 2.0840, compared to 1.9703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1136 points.

H1 Avg (Jan–Jun) 2.0840
H2 Avg (Jul–Dec) 1.9703

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1468 NZD (High: 2.2054 / Low: 2.0587). On the other end, August was the most stable month, with a tight range of 0.0533 NZD (High: 1.9834 / Low: 1.9300).

January Spread (Volatile) ±0.1468
August Spread (Stable) ±0.0533

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0728 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0728

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.1550) against the same month in 2015 (average: 1.8479), the exchange rate shifted by +0.3070 (+16.61%).

2016 Avg (January) 2.1550
2015 Avg (January) 1.8479

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2054 2.0587 2.1550
February 2.1656 2.0986 2.1268
March 2.1362 2.0379 2.0919
April 2.0828 2.0037 2.0487
May 2.1104 2.0088 2.0771
June 2.0749 1.9510 2.0043
July 2.0263 1.9328 1.9775
August 1.9834 1.9300 1.9537
September 1.9503 1.8946 1.9323
October 2.0038 1.9356 1.9717
November 2.0193 1.9159 1.9768
December 2.0533 1.9598 2.0100