2016 JOD to SBD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to SBD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 11.6142. Conversely, the yearly low was recorded on May 1, dropping to 10.9571.
This high-to-low spread represents a total annual volatility of 0.6571 SBD. From a start-to-finish perspective, comparing the January average rate of 11.4821 to the December average rate of 11.1403, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 11.6142 was up 0.65% compared to the 2015 peak of 11.5396, 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 SBD 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 11.2358, compared to 11.1037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1321 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 0.3686 SBD (High: 11.4766 / Low: 11.1080). On the other end, May was the most stable month, with a tight range of 0.0638 SBD (High: 11.0209 / Low: 10.9571).
Growth Streaks & Declines
TrendsBetween August and November, 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 February and March, when the average rate fell by 0.2155 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 11.4821) against the same month in 2015 (average: 10.7274), the exchange rate shifted by +0.7547 (+7.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.6142 | 11.3797 | 11.4821 |
| February | 11.5003 | 11.4113 | 11.4660 |
| March | 11.4766 | 11.1080 | 11.2505 |
| April | 11.3007 | 11.0053 | 11.1919 |
| May | 11.0209 | 10.9571 | 11.0053 |
| June | 11.2077 | 10.9996 | 11.0190 |
| July | 11.1900 | 11.0701 | 11.1392 |
| August | 11.1134 | 10.9693 | 11.0446 |
| September | 11.1570 | 10.9785 | 11.0631 |
| October | 11.1359 | 11.0074 | 11.0709 |
| November | 11.2929 | 11.0439 | 11.1643 |
| December | 11.2875 | 10.9602 | 11.1403 |