YEARLY HIGH
0.2181 JOD
YEARLY LOW
0.2006 JOD
YEARLY AVERAGE
0.2100 JOD

2016 PEN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.2181. Conversely, the yearly low was recorded on February 25, dropping to 0.2006.

This high-to-low spread represents a total annual volatility of 0.0175 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2064 to the December average rate of 0.2085, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2181 was down 8.43% compared to the 2015 peak of 0.2382, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,091 JOD
2015 Average 1,114 JOD
Yearly Trough Low 1,003 JOD
Transaction Impact: A difference of 87.59 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2158
0.2009
JanuMarcMayJulySeptNove

PEN 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 0.2096, compared to 0.2105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.2096
H2 Avg (Jul–Dec) 0.2105

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0122 JOD (High: 0.2133 / Low: 0.2011). On the other end, October was the most stable month, with a tight range of 0.0030 JOD (High: 0.2109 / Low: 0.2079).

March Spread (Volatile) ±0.0122
October Spread (Stable) ±0.0030

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 January and February, when the average rate fell by 0.0043 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.2146) against the same month in 2015 (average: 0.2273), the exchange rate shifted by -0.0127 (-5.59%).

2016 Avg (April) 0.2146
2015 Avg (April) 0.2273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2080 0.2039 0.2064
February 0.2038 0.2006 0.2021
March 0.2133 0.2011 0.2082
April 0.2181 0.2089 0.2146
May 0.2160 0.2101 0.2127
June 0.2156 0.2099 0.2135
July 0.2165 0.2108 0.2144
August 0.2146 0.2093 0.2126
September 0.2118 0.2083 0.2097
October 0.2109 0.2079 0.2093
November 0.2105 0.2069 0.2083
December 0.2112 0.2073 0.2085