YEARLY HIGH
120.5495 CVE
YEARLY LOW
104.5337 CVE
YEARLY AVERAGE
111.8717 CVE

2011 JOD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the JOD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 120.5495. Conversely, the yearly low was recorded on May 4, dropping to 104.5337.

This high-to-low spread represents a total annual volatility of 16.0159 CVE. From a start-to-finish perspective, comparing the January average rate of 116.4601 to the December average rate of 118.0318, the exchange rate registered a net change of 1.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 120.5495 was down 7.45% compared to the 2010 peak of 130.2504, 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 602,748 CVE
2010 Average 587,766 CVE
Yearly Trough Low 522,668 CVE
Transaction Impact: A difference of 80,079.31 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

119.0699
106.6117
JanuMarcMayJulySeptNove

JOD to CVE 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 110.9767, compared to 112.7667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7900 points.

H1 Avg (Jan–Jun) 110.9767
H2 Avg (Jul–Dec) 112.7667

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 8.2984 CVE (High: 118.0112 / Low: 109.7128). On the other end, August was the most stable month, with a tight range of 2.6967 CVE (High: 110.0579 / Low: 107.3611).

October Spread (Volatile) ±8.2984
August Spread (Stable) ±2.6967

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 March and April, when the average rate fell by 3.5321 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.5321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 116.4601) against the same month in 2010 (average: 109.1527), the exchange rate shifted by +7.3074 (+6.69%).

2011 Avg (January) 116.4601
2010 Avg (January) 109.1527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 120.5495 113.4521 116.4601
February 115.7738 112.4368 114.0339
March 113.0145 109.4926 111.1820
April 109.9415 104.6515 107.6499
May 110.9060 104.5337 108.3784
June 110.4096 106.1746 108.1557
July 111.3024 107.2725 108.9667
August 110.0579 107.3611 108.5679
September 115.9213 108.8793 112.9236
October 118.0112 109.7128 113.3860
November 117.6419 112.5015 114.7243
December 120.2797 115.0431 118.0318