YEARLY HIGH
2.0510 BND
YEARLY LOW
1.8881 BND
YEARLY AVERAGE
1.9486 BND

2016 JOD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.0510. Conversely, the yearly low was recorded on August 16, dropping to 1.8881.

This high-to-low spread represents a total annual volatility of 0.1629 BND. From a start-to-finish perspective, comparing the January average rate of 2.0184 to the December average rate of 2.0277, the exchange rate registered a net change of 0.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.0510 was up 1.40% compared to the 2015 peak of 2.0226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,255 BND
2015 Average 9,696 BND
Yearly Trough Low 9,440 BND
Transaction Impact: A difference of 814.41 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0403
1.8894
JanuMarcMayJulySeptNove

JOD to BND 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 1.9478, compared to 1.9495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 1.9478
H2 Avg (Jul–Dec) 1.9495

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0822 BND (High: 2.0196 / Low: 1.9374). On the other end, April was the most stable month, with a tight range of 0.0234 BND (High: 1.9183 / Low: 1.8949).

November Spread (Volatile) ±0.0822
April Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0462 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.0277) against the same month in 2015 (average: 1.9839), the exchange rate shifted by +0.0438 (+2.21%).

2016 Avg (December) 2.0277
2015 Avg (December) 1.9839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0307 1.9988 2.0184
February 2.0163 1.9636 1.9819
March 1.9799 1.9052 1.9357
April 1.9183 1.8949 1.9051
May 1.9501 1.8934 1.9326
June 1.9456 1.8895 1.9128
July 1.9195 1.8944 1.9057
August 1.9245 1.8881 1.9020
September 1.9315 1.9029 1.9182
October 1.9696 1.9181 1.9519
November 2.0196 1.9374 1.9915
December 2.0510 1.9997 2.0277