YEARLY HIGH
7427.9550 ZMK
YEARLY LOW
7355.8771 ZMK
YEARLY AVERAGE
7411.0336 ZMK

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 37,139,775 ZMK
2015 Average 37,055,141 ZMK
Yearly Trough Low 36,779,385 ZMK
Transaction Impact: A difference of 360,389.86 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

7418.1867
7386.5626
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 7412.3240
H2 Avg (Jul–Dec) 7409.7432

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±67.5583
April Spread (Stable) ±9.5559

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -26.3534

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (February) 7413.1659
2015 Avg (February) 7405.1578

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