YEARLY HIGH
0.0888 JOD
YEARLY LOW
0.0756 JOD
YEARLY AVERAGE
0.0829 JOD

2016 SEK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SEK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0888. Conversely, the yearly low was recorded on December 19, dropping to 0.0756.

This high-to-low spread represents a total annual volatility of 0.0132 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0830 to the December average rate of 0.0769, the exchange rate registered a net change of -7.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0888 was down 1.96% compared to the 2015 peak of 0.0906, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 444 JOD
2015 Average 420 JOD
Yearly Trough Low 378 JOD
Transaction Impact: A difference of 66.18 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0882
0.0759
JanuMarcMayJulySeptNove

SEK 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 0.0851, compared to 0.0807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0851
H2 Avg (Jul–Dec) 0.0807

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0049 JOD (High: 0.0872 / Low: 0.0823). On the other end, April was the most stable month, with a tight range of 0.0014 JOD (High: 0.0881 / Low: 0.0868).

March Spread (Volatile) ±0.0049
April Spread (Stable) ±0.0014

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 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0862) against the same month in 2015 (average: 0.0849), the exchange rate shifted by +0.0012 (+1.45%).

2016 Avg (May) 0.0862
2015 Avg (May) 0.0849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0841 0.0824 0.0830
February 0.0845 0.0828 0.0836
March 0.0872 0.0823 0.0849
April 0.0881 0.0868 0.0872
May 0.0888 0.0848 0.0862
June 0.0873 0.0829 0.0854
July 0.0841 0.0818 0.0827
August 0.0847 0.0825 0.0836
September 0.0839 0.0825 0.0830
October 0.0827 0.0783 0.0805
November 0.0792 0.0763 0.0776
December 0.0781 0.0756 0.0769