YEARLY HIGH
0.0412 JOD
YEARLY LOW
0.0340 JOD
YEARLY AVERAGE
0.0380 JOD

2016 MXN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MXN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0412. Conversely, the yearly low was recorded on November 12, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.0072 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0394 to the December average rate of 0.0345, the exchange rate registered a net change of -12.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0412 was down 15.64% compared to the 2015 peak of 0.0489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 2,061 JOD
2015 Average 2,238 JOD
Yearly Trough Low 1,702 JOD
Transaction Impact: A difference of 359.58 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0411
0.0339
JanuMarcMayJulySeptNove

MXN 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 0.0393, compared to 0.0368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0393
H2 Avg (Jul–Dec) 0.0368

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0045 JOD (High: 0.0385 / Low: 0.0340). On the other end, December was the most stable month, with a tight range of 0.0009 JOD (High: 0.0350 / Low: 0.0341).

November Spread (Volatile) ±0.0045
December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and April, 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 October and November, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0391) against the same month in 2015 (average: 0.0464), the exchange rate shifted by -0.0073 (-15.75%).

2016 Avg (May) 0.0391
2015 Avg (May) 0.0464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0412 0.0379 0.0394
February 0.0391 0.0371 0.0384
March 0.0411 0.0394 0.0402
April 0.0412 0.0397 0.0405
May 0.0412 0.0383 0.0391
June 0.0389 0.0371 0.0380
July 0.0386 0.0375 0.0381
August 0.0392 0.0375 0.0383
September 0.0386 0.0357 0.0369
October 0.0382 0.0365 0.0374
November 0.0385 0.0340 0.0353
December 0.0350 0.0341 0.0345