YEARLY HIGH
2.0479 SGD
YEARLY LOW
1.8894 SGD
YEARLY AVERAGE
1.9491 SGD

2016 JOD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 2.0479. Conversely, the yearly low was recorded on June 22, dropping to 1.8894.

This high-to-low spread represents a total annual volatility of 0.1585 SGD. From a start-to-finish perspective, comparing the January average rate of 2.0188 to the December average rate of 2.0282, the exchange rate registered a net change of 0.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.0479 was up 1.28% compared to the 2015 peak of 2.0220, 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 10,240 SGD
2015 Average 9,698 SGD
Yearly Trough Low 9,447 SGD
Transaction Impact: A difference of 792.75 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0407
1.8902
JanuMarcMayJulySeptNove

JOD to SGD 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 1.9481, compared to 1.9500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 1.9481
H2 Avg (Jul–Dec) 1.9500

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0762 SGD (High: 1.9783 / Low: 1.9021). On the other end, September was the most stable month, with a tight range of 0.0255 SGD (High: 1.9292 / Low: 1.9036).

March Spread (Volatile) ±0.0762
September Spread (Stable) ±0.0255

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 February and March, when the average rate fell by 0.0465 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.0282) against the same month in 2015 (average: 1.9852), the exchange rate shifted by +0.0430 (+2.17%).

2016 Avg (December) 2.0282
2015 Avg (December) 1.9852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0319 1.9926 2.0188
February 2.0162 1.9620 1.9827
March 1.9783 1.9021 1.9362
April 1.9191 1.8929 1.9060
May 1.9499 1.8939 1.9337
June 1.9454 1.8894 1.9115
July 1.9203 1.8942 1.9052
August 1.9250 1.8895 1.9028
September 1.9292 1.9036 1.9188
October 1.9689 1.9233 1.9526
November 2.0218 1.9538 1.9925
December 2.0479 2.0004 2.0282