2016 JOD to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 JOD to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the JOD to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 7427.9550. Conversely, the yearly low was recorded on July 16, dropping to 7355.8771.
This high-to-low spread represents a total annual volatility of 72.0780 ZMK. From a start-to-finish perspective, comparing the January average rate of 7406.6011 to the December average rate of 7414.9845, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 7427.9550 was up 0.02% compared to the 2015 peak of 7426.2059, 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 ZMK 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 7412.3240, compared to 7409.7432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5808 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 67.5583 ZMK (High: 7423.4354 / Low: 7355.8771). On the other end, April was the most stable month, with a tight range of 9.5559 ZMK (High: 7416.3296 / Low: 7406.7737).
Growth Streaks & Declines
TrendsBetween July and October, 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 June and July, when the average rate fell by 26.3534 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 7413.1659) against the same month in 2015 (average: 7405.1578), the exchange rate shifted by +8.0082 (+0.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7419.0739 | 7397.8431 | 7406.6011 |
| February | 7427.9550 | 7397.8223 | 7413.1659 |
| March | 7418.3236 | 7405.7084 | 7413.2277 |
| April | 7416.3296 | 7406.7737 | 7412.8251 |
| May | 7420.6715 | 7401.3460 | 7412.5728 |
| June | 7422.4284 | 7409.3001 | 7415.5514 |
| July | 7423.4354 | 7355.8771 | 7389.1979 |
| August | 7419.1577 | 7372.0800 | 7411.1014 |
| September | 7419.1787 | 7405.7084 | 7413.3313 |
| October | 7419.8537 | 7409.1143 | 7415.1665 |
| November | 7418.9062 | 7409.1352 | 7414.6779 |
| December | 7419.3044 | 7405.5414 | 7414.9845 |