YEARLY HIGH
0.1125 JOD
YEARLY LOW
0.0705 JOD
YEARLY AVERAGE
0.0813 JOD

2016 VEF to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.1125. Conversely, the yearly low was recorded on July 9, dropping to 0.0705.

This high-to-low spread represents a total annual volatility of 0.0420 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1122 to the December average rate of 0.0709, the exchange rate registered a net change of -36.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1125 was down 0.18% compared to the 2015 peak of 0.1127, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 562 JOD
2015 Average 561 JOD
Yearly Trough Low 352 JOD
Transaction Impact: A difference of 209.95 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1163
0.0668
JanuMarcMayJulySeptNove

VEF 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 0.0916, compared to 0.0710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 0.0916
H2 Avg (Jul–Dec) 0.0710

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0007 JOD (High: 0.1125 / Low: 0.1118). On the other end, November was the most stable month, with a tight range of 0.0001 JOD (High: 0.0710 / Low: 0.0710).

March Spread (Volatile) ±0.0007
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0410 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.1120) against the same month in 2015 (average: 0.1122), the exchange rate shifted by -0.0002 (-0.14%).

2016 Avg (March) 0.1120
2015 Avg (March) 0.1122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1124 0.1120 0.1122
February 0.1124 0.1119 0.1121
March 0.1125 0.1118 0.1120
April 0.0711 0.0710 0.0711
May 0.0712 0.0710 0.0711
June 0.0711 0.0710 0.0710
July 0.0711 0.0705 0.0710
August 0.0711 0.0710 0.0710
September 0.0711 0.0710 0.0710
October 0.0710 0.0709 0.0710
November 0.0710 0.0710 0.0710
December 0.0710 0.0708 0.0709