YEARLY HIGH
0.0204 JOD
YEARLY LOW
0.0196 JOD
YEARLY AVERAGE
0.0199 JOD

2016 MUR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 0.0204. Conversely, the yearly low was recorded on January 21, dropping to 0.0196.

This high-to-low spread represents a total annual volatility of 0.0009 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0197 to the December average rate of 0.0197, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0204 was down 8.71% compared to the 2015 peak of 0.0224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102 JOD
2015 Average 101 JOD
Yearly Trough Low 98 JOD
Transaction Impact: A difference of 4.35 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0202
0.0196
JanuMarcMayJulySeptNove

MUR 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 0.0200, compared to 0.0199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0200
H2 Avg (Jul–Dec) 0.0199

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0005 JOD (High: 0.0204 / Low: 0.0199). On the other end, July was the most stable month, with a tight range of 0.0001 JOD (High: 0.0201 / Low: 0.0200).

August Spread (Volatile) ±0.0005
July Spread (Stable) ±0.0001

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 September and October, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0202) against the same month in 2015 (average: 0.0200), the exchange rate shifted by +0.0002 (+0.75%).

2016 Avg (August) 0.0202
2015 Avg (August) 0.0200

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0198 0.0196 0.0197
February 0.0199 0.0196 0.0198
March 0.0201 0.0197 0.0199
April 0.0202 0.0201 0.0202
May 0.0202 0.0200 0.0201
June 0.0201 0.0199 0.0200
July 0.0201 0.0200 0.0200
August 0.0204 0.0199 0.0202
September 0.0201 0.0200 0.0201
October 0.0200 0.0198 0.0199
November 0.0200 0.0197 0.0198
December 0.0198 0.0196 0.0197