YEARLY HIGH
13.2333 SEK
YEARLY LOW
11.2608 SEK
YEARLY AVERAGE
12.0823 SEK

2016 JOD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 13.2333. Conversely, the yearly low was recorded on May 2, dropping to 11.2608.

This high-to-low spread represents a total annual volatility of 1.9725 SEK. From a start-to-finish perspective, comparing the January average rate of 12.0420 to the December average rate of 13.0067, the exchange rate registered a net change of 8.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 13.2333 was up 6.29% compared to the 2015 peak of 12.4507, 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 66,167 SEK
2015 Average 59,511 SEK
Yearly Trough Low 56,304 SEK
Transaction Impact: A difference of 9,862.29 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

13.1606
11.3138
JanuMarcMayJulySeptNove

JOD to SEK 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 11.7615, compared to 12.4031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6416 points.

H1 Avg (Jan–Jun) 11.7615
H2 Avg (Jul–Dec) 12.4031

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.6819 SEK (High: 12.1497 / Low: 11.4677). On the other end, April was the most stable month, with a tight range of 0.1787 SEK (High: 11.5234 / Low: 11.3447).

March Spread (Volatile) ±0.6819
April Spread (Stable) ±0.1787

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.3089 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 13.0067) against the same month in 2015 (average: 11.9740), the exchange rate shifted by +1.0327 (+8.62%).

2016 Avg (December) 13.0067
2015 Avg (December) 11.9740

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1329 11.8956 12.0420
February 12.0760 11.8369 11.9572
March 12.1497 11.4677 11.7766
April 11.5234 11.3447 11.4677
May 11.7992 11.2608 11.6089
June 12.0563 11.4543 11.7163
July 12.2187 11.8921 12.0875
August 12.1265 11.8050 11.9583
September 12.1185 11.9173 12.0484
October 12.7748 12.0968 12.4290
November 13.1003 12.6201 12.8889
December 13.2333 12.8035 13.0067