YEARLY HIGH
0.1836 JOD
YEARLY LOW
0.1578 JOD
YEARLY AVERAGE
0.1713 JOD

2016 MYR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.1836. Conversely, the yearly low was recorded on December 31, dropping to 0.1578.

This high-to-low spread represents a total annual volatility of 0.0257 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1638 to the December average rate of 0.1589, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1836 was down 9.02% compared to the 2015 peak of 0.2017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 3,671 JOD
2015 Average 3,652 JOD
Yearly Trough Low 3,157 JOD
Transaction Impact: A difference of 514.26 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1840
0.1566
JanuMarcMayJulySeptNove

MYR 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 0.1731, compared to 0.1694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.1731
H2 Avg (Jul–Dec) 0.1694

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0118 JOD (High: 0.1822 / Low: 0.1703). On the other end, December was the most stable month, with a tight range of 0.0024 JOD (High: 0.1602 / Low: 0.1578).

March Spread (Volatile) ±0.0118
December Spread (Stable) ±0.0024

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 October and November, when the average rate fell by 0.0065 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.1817) against the same month in 2015 (average: 0.1952), the exchange rate shifted by -0.0135 (-6.91%).

2016 Avg (April) 0.1817
2015 Avg (April) 0.1952

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1712 0.1606 0.1638
February 0.1716 0.1680 0.1696
March 0.1822 0.1703 0.1744
April 0.1836 0.1801 0.1817
May 0.1809 0.1720 0.1753
June 0.1778 0.1707 0.1738
July 0.1796 0.1738 0.1764
August 0.1779 0.1737 0.1760
September 0.1746 0.1713 0.1724
October 0.1721 0.1680 0.1697
November 0.1692 0.1586 0.1632
December 0.1602 0.1578 0.1589