2016 NOK to JOD Historical Review

YEARLY HIGH

0.0888 JOD

YEARLY LOW

0.0793 JOD

YEARLY AVERAGE

0.0844 JOD

2016 NOK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0888. Conversely, the yearly low was recorded on January 6, dropping to 0.0793.

This high-to-low spread represents a total annual volatility of 0.0095 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0805 to the December average rate of 0.0826, the exchange rate registered a net change of 2.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0888 was down 8.27% compared to the 2015 peak of 0.0968, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 444 JOD

2015 Average 440 JOD

Yearly Trough Low 397 JOD

Transaction Impact: A difference of 47.31 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0874

0.0799

JanuMarcMayJulySeptNove

NOK 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 0.0840, compared to 0.0848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0840

H2 Avg (Jul–Dec) 0.0848

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0045 JOD (High: 0.0868 / Low: 0.0823). On the other end, February was the most stable month, with a tight range of 0.0017 JOD (High: 0.0830 / Low: 0.0813).

November Spread (Volatile) ±0.0045

February Spread (Stable) ±0.0017

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 0.0026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0868) against the same month in 2015 (average: 0.0857), the exchange rate shifted by +0.0011 (+1.29%).

2016 Avg (October) 0.0868

2015 Avg (October) 0.0857

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0821	0.0793	0.0805
February	0.0830	0.0813	0.0823
March	0.0856	0.0818	0.0837
April	0.0879	0.0850	0.0861
May	0.0883	0.0846	0.0860
June	0.0873	0.0829	0.0853
July	0.0853	0.0826	0.0837
August	0.0867	0.0832	0.0853
September	0.0887	0.0850	0.0863
October	0.0888	0.0856	0.0868
November	0.0868	0.0823	0.0841
December	0.0847	0.0813	0.0826