YEARLY HIGH
0.0023 JOD
YEARLY LOW
0.0020 JOD
YEARLY AVERAGE
0.0020 JOD

2016 MRO to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MRO to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0023. Conversely, the yearly low was recorded on December 31, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0003 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0020, the exchange rate registered a net change of -6.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0023 was down 6.86% compared to the 2015 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11 JOD
2015 Average 11 JOD
Yearly Trough Low 10 JOD
Transaction Impact: A difference of 1.66 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0021
0.0020
JanuMarcMayJulySeptNove

MRO 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 0.0021, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0021
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0002 JOD (High: 0.0023 / Low: 0.0021). On the other end, September was the most stable month, with a tight range of 0.0000 JOD (High: 0.0020 / Low: 0.0020).

January Spread (Volatile) ±0.0002
September Spread (Stable) ±0.0000

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 January and February, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0021) against the same month in 2015 (average: 0.0024), the exchange rate shifted by -0.0003 (-12.82%).

2016 Avg (January) 0.0021
2015 Avg (January) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0023 0.0021 0.0021
February 0.0021 0.0021 0.0021
March 0.0021 0.0020 0.0021
April 0.0021 0.0020 0.0021
May 0.0021 0.0020 0.0020
June 0.0020 0.0020 0.0020
July 0.0020 0.0020 0.0020
August 0.0020 0.0020 0.0020
September 0.0020 0.0020 0.0020
October 0.0020 0.0020 0.0020
November 0.0020 0.0020 0.0020
December 0.0020 0.0020 0.0020