YEARLY HIGH
0.5278 JOD
YEARLY LOW
0.4534 JOD
YEARLY AVERAGE
0.4939 JOD

2016 NZD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.5278. Conversely, the yearly low was recorded on January 19, dropping to 0.4534.

This high-to-low spread represents a total annual volatility of 0.0744 JOD. From a start-to-finish perspective, comparing the January average rate of 0.4642 to the December average rate of 0.4976, the exchange rate registered a net change of 7.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5278 was down 5.17% compared to the 2015 peak of 0.5566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,639 JOD
2015 Average 2,481 JOD
Yearly Trough Low 2,267 JOD
Transaction Impact: A difference of 371.93 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5229
0.4589
JanuMarcMayJulySeptNove

NZD 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 0.4802, compared to 0.5077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0275 points.

H1 Avg (Jan–Jun) 0.4802
H2 Avg (Jul–Dec) 0.5077

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0323 JOD (High: 0.4858 / Low: 0.4534). On the other end, August was the most stable month, with a tight range of 0.0139 JOD (High: 0.5181 / Low: 0.5042).

January Spread (Volatile) ±0.0323
August Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0103 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 0.5175) against the same month in 2015 (average: 0.4492), the exchange rate shifted by +0.0683 (+15.20%).

2016 Avg (September) 0.5175
2015 Avg (September) 0.4492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4858 0.4534 0.4642
February 0.4765 0.4618 0.4702
March 0.4907 0.4681 0.4781
April 0.4991 0.4801 0.4882
May 0.4978 0.4738 0.4815
June 0.5126 0.4819 0.4990
July 0.5174 0.4935 0.5058
August 0.5181 0.5042 0.5119
September 0.5278 0.5127 0.5175
October 0.5166 0.4990 0.5072
November 0.5219 0.4952 0.5060
December 0.5103 0.4870 0.4976