2016 JOD to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 70.6090. Conversely, the yearly low was recorded on March 31, dropping to 64.8392.
This high-to-low spread represents a total annual volatility of 5.7698 PHP. From a start-to-finish perspective, comparing the January average rate of 67.0049 to the December average rate of 70.2756, the exchange rate registered a net change of 4.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 70.6090 was up 5.42% compared to the 2015 peak of 66.9813, 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 PHP 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 66.1724, compared to 67.8866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7143 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was September, with a trading range of 2.5472 PHP (High: 68.2487 / Low: 65.7015). On the other end, February was the most stable month, with a tight range of 0.6457 PHP (High: 67.5531 / Low: 66.9074).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.4492 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 70.2756) against the same month in 2015 (average: 66.5591), the exchange rate shifted by +3.7165 (+5.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.7215 | 66.1229 | 67.0049 |
| February | 67.5531 | 66.9074 | 67.2004 |
| March | 66.7473 | 64.8392 | 65.7512 |
| April | 66.3436 | 64.9313 | 65.4149 |
| May | 66.7794 | 65.6146 | 66.0724 |
| June | 66.4701 | 64.9017 | 65.5903 |
| July | 66.7806 | 65.9095 | 66.4111 |
| August | 66.3927 | 65.2181 | 65.7932 |
| September | 68.2487 | 65.7015 | 67.0924 |
| October | 68.6463 | 67.8412 | 68.2546 |
| November | 70.5922 | 68.2088 | 69.4929 |
| December | 70.6090 | 69.9513 | 70.2756 |