YEARLY HIGH
1.7868 NGN
YEARLY LOW
1.6748 NGN
YEARLY AVERAGE
1.7229 NGN

2010 JMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the JMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 1.7868. Conversely, the yearly low was recorded on March 30, dropping to 1.6748.

This high-to-low spread represents a total annual volatility of 0.1121 NGN. From a start-to-finish perspective, comparing the January average rate of 1.6996 to the December average rate of 1.7570, the exchange rate registered a net change of 3.38% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 8,934 NGN
Yearly Average 8,615 NGN
Yearly Trough Low 8,374 NGN
Transaction Impact: A difference of 560.30 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.7647
1.6720
JanuMarcMayJulySeptNove

JMD to NGN 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 1.7027, compared to 1.7432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0406 points.

H1 Avg (Jan–Jun) 1.7027
H2 Avg (Jul–Dec) 1.7432

Volatility Range Comparison

Volatility

The most volatile month in 2010 was April, with a trading range of 0.0635 NGN (High: 1.7423 / Low: 1.6788). On the other end, July was the most stable month, with a tight range of 0.0074 NGN (High: 1.7328 / Low: 1.7254).

April Spread (Volatile) ±0.0635
July Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between March and June, 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 0.0164 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for September 2010 is 1.7535.

2010 Avg (September) 1.7535
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7128 1.6846 1.6996
February 1.7007 1.6852 1.6934
March 1.6880 1.6748 1.6797
April 1.7423 1.6788 1.6989
May 1.7293 1.6953 1.7112
June 1.7453 1.7144 1.7331
July 1.7328 1.7254 1.7289
August 1.7488 1.7245 1.7336
September 1.7868 1.7349 1.7535
October 1.7799 1.7276 1.7514
November 1.7430 1.7286 1.7350
December 1.7866 1.7351 1.7570