YEARLY HIGH
0.0742 JOD
YEARLY LOW
0.0694 JOD
YEARLY AVERAGE
0.0723 JOD

2016 MAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0742. Conversely, the yearly low was recorded on December 20, dropping to 0.0694.

This high-to-low spread represents a total annual volatility of 0.0048 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0716 to the December average rate of 0.0700, the exchange rate registered a net change of -2.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0742 was down 4.93% compared to the 2015 peak of 0.0780, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 371 JOD
2015 Average 364 JOD
Yearly Trough Low 347 JOD
Transaction Impact: A difference of 24.15 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0737
0.0697
JanuMarcMayJulySeptNove

MAD 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 0.0727, compared to 0.0719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0727
H2 Avg (Jul–Dec) 0.0719

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0022 JOD (High: 0.0723 / Low: 0.0702). On the other end, September was the most stable month, with a tight range of 0.0006 JOD (High: 0.0732 / Low: 0.0726).

November Spread (Volatile) ±0.0022
September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0733) against the same month in 2015 (average: 0.0729), the exchange rate shifted by +0.0004 (+0.56%).

2016 Avg (May) 0.0733
2015 Avg (May) 0.0729

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0723 0.0712 0.0716
February 0.0733 0.0716 0.0725
March 0.0736 0.0715 0.0726
April 0.0738 0.0730 0.0734
May 0.0742 0.0725 0.0733
June 0.0735 0.0722 0.0730
July 0.0726 0.0719 0.0722
August 0.0736 0.0723 0.0728
September 0.0732 0.0726 0.0729
October 0.0730 0.0714 0.0721
November 0.0723 0.0702 0.0711
December 0.0710 0.0694 0.0700