YEARLY HIGH
0.0534 JOD
YEARLY LOW
0.0421 JOD
YEARLY AVERAGE
0.0483 JOD

2016 ZAR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.0534. Conversely, the yearly low was recorded on January 18, dropping to 0.0421.

This high-to-low spread represents a total annual volatility of 0.0112 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0436 to the December average rate of 0.0511, the exchange rate registered a net change of 17.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0534 was down 15.01% compared to the 2015 peak of 0.0628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 2,668 JOD
2015 Average 2,793 JOD
Yearly Trough Low 2,105 JOD
Transaction Impact: A difference of 562.37 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0523
0.0428
JanuMarcMayJulySeptNove

ZAR 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 0.0461, compared to 0.0506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0461
H2 Avg (Jul–Dec) 0.0506

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0051 JOD (High: 0.0499 / Low: 0.0448). On the other end, December was the most stable month, with a tight range of 0.0023 JOD (High: 0.0524 / Low: 0.0501).

May Spread (Volatile) ±0.0051
December Spread (Stable) ±0.0023

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 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.0507) against the same month in 2015 (average: 0.0501), the exchange rate shifted by +0.0006 (+1.13%).

2016 Avg (November) 0.0507
2015 Avg (November) 0.0501

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0458 0.0421 0.0436
February 0.0465 0.0438 0.0449
March 0.0480 0.0448 0.0461
April 0.0498 0.0465 0.0485
May 0.0499 0.0448 0.0463
June 0.0492 0.0453 0.0470
July 0.0509 0.0479 0.0492
August 0.0532 0.0483 0.0515
September 0.0524 0.0486 0.0503
October 0.0523 0.0496 0.0509
November 0.0534 0.0490 0.0507
December 0.0524 0.0501 0.0511