YEARLY HIGH
2.3736 JOD
YEARLY LOW
2.3121 JOD
YEARLY AVERAGE
2.3444 JOD

2016 KWD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KWD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 2.3736. Conversely, the yearly low was recorded on December 24, dropping to 2.3121.

This high-to-low spread represents a total annual volatility of 0.0615 JOD. From a start-to-finish perspective, comparing the January average rate of 2.3325 to the December average rate of 2.3185, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.3736 was down 1.88% compared to the 2015 peak of 2.4191, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,868 JOD
2015 Average 11,774 JOD
Yearly Trough Low 11,561 JOD
Transaction Impact: A difference of 307.45 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3671
2.3140
JanuMarcMayJulySeptNove

KWD to JOD 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 2.3492, compared to 2.3396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 2.3492
H2 Avg (Jul–Dec) 2.3396

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0370 JOD (High: 2.3736 / Low: 2.3366). On the other end, September was the most stable month, with a tight range of 0.0065 JOD (High: 2.3534 / Low: 2.3470).

February Spread (Volatile) ±0.0370
September Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0130 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 2.3627) against the same month in 2015 (average: 2.4003), the exchange rate shifted by -0.0376 (-1.57%).

2016 Avg (February) 2.3627
2015 Avg (February) 2.4003

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3364 2.3235 2.3325
February 2.3736 2.3366 2.3627
March 2.3589 2.3439 2.3529
April 2.3534 2.3465 2.3486
May 2.3589 2.3414 2.3497
June 2.3540 2.3438 2.3489
July 2.3512 2.3410 2.3453
August 2.3533 2.3461 2.3495
September 2.3534 2.3470 2.3509
October 2.3513 2.3356 2.3420
November 2.3441 2.3213 2.3315
December 2.3257 2.3121 2.3185