2016 JOD to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 5124.8542. Conversely, the yearly low was recorded on April 24, dropping to 4669.4728.
This high-to-low spread represents a total annual volatility of 455.3814 UGX. From a start-to-finish perspective, comparing the January average rate of 4858.2116 to the December average rate of 5083.4009, the exchange rate registered a net change of 4.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 5124.8542 was down 1.68% compared to the 2015 peak of 5212.1604, 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 UGX 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 4771.2042, compared to 4875.7050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 104.5008 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 227.3156 UGX (High: 5118.9296 / Low: 4891.6140). On the other end, September was the most stable month, with a tight range of 23.7678 UGX (High: 4781.4722 / Low: 4757.7044).
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 93.7362 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 5083.4009) against the same month in 2015 (average: 4739.1312), the exchange rate shifted by +344.2697 (+7.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4908.2703 | 4764.3623 | 4858.2116 |
| February | 4909.5764 | 4727.0327 | 4837.8660 |
| March | 4765.6986 | 4712.6225 | 4744.1298 |
| April | 4756.2462 | 4669.4728 | 4716.5142 |
| May | 4778.0275 | 4682.0841 | 4719.5029 |
| June | 4815.9571 | 4722.8120 | 4751.0011 |
| July | 4796.6067 | 4742.3694 | 4770.5075 |
| August | 4773.2539 | 4743.5829 | 4759.7404 |
| September | 4781.4722 | 4757.7044 | 4771.9243 |
| October | 4888.5834 | 4767.6702 | 4842.8210 |
| November | 5118.9296 | 4891.6140 | 5025.8360 |
| December | 5124.8542 | 5014.5378 | 5083.4009 |