YEARLY HIGH
888.4723 XOF
YEARLY LOW
805.6883 XOF
YEARLY AVERAGE
840.5100 XOF

2016 JOD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 888.4723. Conversely, the yearly low was recorded on May 2, dropping to 805.6883.

This high-to-low spread represents a total annual volatility of 82.7840 XOF. From a start-to-finish perspective, comparing the January average rate of 856.1045 to the December average rate of 878.5754, the exchange rate registered a net change of 2.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 888.4723 was up 0.94% compared to the 2015 peak of 880.1772, 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 4,442,362 XOF
2015 Average 4,174,834 XOF
Yearly Trough Low 4,028,442 XOF
Transaction Impact: A difference of 413,920.09 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

884.2547
816.1035
JanuMarcMayJulySeptNove

JOD to XOF 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 834.3559, compared to 846.6641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.3083 points.

H1 Avg (Jan–Jun) 834.3559
H2 Avg (Jul–Dec) 846.6641

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 38.4594 XOF (High: 875.2184 / Low: 836.7590). On the other end, September was the most stable month, with a tight range of 8.9001 XOF (High: 832.9916 / Low: 824.0915).

November Spread (Volatile) ±38.4594
September Spread (Stable) ±8.9001

Growth Streaks & Declines

Trends

Between April and July, 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 16.4442 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -16.4442

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 878.5754) against the same month in 2015 (average: 850.8212), the exchange rate shifted by +27.7542 (+3.26%).

2016 Avg (December) 878.5754
2015 Avg (December) 850.8212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 865.0698 849.8898 856.1045
February 854.9747 823.5862 839.6603
March 858.6192 820.3871 836.3168
April 827.4491 816.4289 821.7828
May 838.3102 805.6883 824.3553
June 841.5828 815.9964 827.9155
July 848.1010 831.8787 840.0047
August 841.1595 820.7778 830.1789
September 832.9916 824.0915 828.8327
October 854.9523 828.9078 842.3458
November 875.2184 836.7590 860.0473
December 888.4723 862.2285 878.5754