YEARLY HIGH
148.5502 PKR
YEARLY LOW
147.0190 PKR
YEARLY AVERAGE
147.7919 PKR

2016 JOD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 148.5502. Conversely, the yearly low was recorded on June 12, dropping to 147.0190.

This high-to-low spread represents a total annual volatility of 1.5312 PKR. From a start-to-finish perspective, comparing the January average rate of 147.9245 to the December average rate of 147.9339, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 148.5502 was down 0.31% compared to the 2015 peak of 149.0148, 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 742,751 PKR
2015 Average 724,832 PKR
Yearly Trough Low 735,095 PKR
Transaction Impact: A difference of 7,656.13 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

148.0222
147.5026
JanuMarcMayJulySeptNove

JOD to PKR 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 147.7670, compared to 147.8168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0498 points.

H1 Avg (Jan–Jun) 147.7670
H2 Avg (Jul–Dec) 147.8168

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 1.0695 PKR (High: 148.2153 / Low: 147.1458). On the other end, April was the most stable month, with a tight range of 0.2920 PKR (High: 147.9375 / Low: 147.6455).

February Spread (Volatile) ±1.0695
April Spread (Stable) ±0.2920

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.2592 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2592

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 147.8227) against the same month in 2015 (average: 143.7681), the exchange rate shifted by +4.0546 (+2.82%).

2016 Avg (May) 147.8227
2015 Avg (May) 143.7681

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 148.3812 147.4926 147.9245
February 148.2153 147.1458 147.6653
March 147.9214 147.3578 147.7276
April 147.9375 147.6455 147.8001
May 148.5502 147.4940 147.8227
June 147.9293 147.0190 147.6617
July 148.2963 147.5703 147.9364
August 148.2575 147.2751 147.7683
September 147.9608 147.1115 147.5459
October 148.0416 147.0532 147.7372
November 148.3311 147.6818 147.9789
December 148.3562 147.3546 147.9339