YEARLY HIGH
23.7505 ZAR
YEARLY LOW
18.7435 ZAR
YEARLY AVERAGE
20.7560 ZAR

2016 JOD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 23.7505. Conversely, the yearly low was recorded on November 8, dropping to 18.7435.

This high-to-low spread represents a total annual volatility of 5.0069 ZAR. From a start-to-finish perspective, comparing the January average rate of 22.9604 to the December average rate of 19.5733, the exchange rate registered a net change of -14.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 23.7505 was up 6.02% compared to the 2015 peak of 22.4013, 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 118,752 ZAR
2015 Average 90,115 ZAR
Yearly Trough Low 93,718 ZAR
Transaction Impact: A difference of 25,034.72 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

23.3123
19.0885
JanuMarcMayJulySeptNove

JOD to ZAR 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 21.7416, compared to 19.7704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9712 points.

H1 Avg (Jan–Jun) 21.7416
H2 Avg (Jul–Dec) 19.7704

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 2.2626 ZAR (High: 22.3061 / Low: 20.0436). On the other end, December was the most stable month, with a tight range of 0.8854 ZAR (High: 19.9546 / Low: 19.0693).

May Spread (Volatile) ±2.2626
December Spread (Stable) ±0.8854

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.0551 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.0551

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 22.9604) against the same month in 2015 (average: 16.3020), the exchange rate shifted by +6.6584 (+40.84%).

2016 Avg (January) 22.9604
2015 Avg (January) 16.3020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.7505 21.8173 22.9604
February 22.8235 21.4989 22.3019
March 22.3374 20.8316 21.6764
April 21.5112 20.0853 20.6213
May 22.3061 20.0436 21.6007
June 22.0911 20.3454 21.2890
July 20.8868 19.6352 20.3266
August 20.6857 18.7852 19.4405
September 20.5901 19.0688 19.8805
October 20.1715 19.1260 19.6643
November 20.4017 18.7435 19.7371
December 19.9546 19.0693 19.5733