YEARLY HIGH
0.0689 JOD
YEARLY LOW
0.0606 JOD
YEARLY AVERAGE
0.0651 JOD

2016 BWP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BWP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 0.0689. Conversely, the yearly low was recorded on January 20, dropping to 0.0606.

This high-to-low spread represents a total annual volatility of 0.0083 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0616 to the December average rate of 0.0660, the exchange rate registered a net change of 7.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0689 was down 7.75% compared to the 2015 peak of 0.0747, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 344 JOD
2015 Average 350 JOD
Yearly Trough Low 303 JOD
Transaction Impact: A difference of 41.32 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0681
0.0610
JanuMarcMayJulySeptNove

BWP 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 0.0638, compared to 0.0664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0638
H2 Avg (Jul–Dec) 0.0664

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0039 JOD (High: 0.0669 / Low: 0.0630). On the other end, July was the most stable month, with a tight range of 0.0018 JOD (High: 0.0666 / Low: 0.0648).

May Spread (Volatile) ±0.0039
July Spread (Stable) ±0.0018

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 April and May, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0675) against the same month in 2015 (average: 0.0696), the exchange rate shifted by -0.0020 (-2.93%).

2016 Avg (August) 0.0675
2015 Avg (August) 0.0696

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0629 0.0606 0.0616
February 0.0640 0.0619 0.0628
March 0.0653 0.0623 0.0636
April 0.0669 0.0642 0.0656
May 0.0669 0.0630 0.0644
June 0.0661 0.0632 0.0645
July 0.0666 0.0648 0.0657
August 0.0689 0.0657 0.0675
September 0.0680 0.0652 0.0666
October 0.0678 0.0656 0.0666
November 0.0680 0.0646 0.0662
December 0.0671 0.0651 0.0660