2011 JOD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 JOD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the JOD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 231.7023. Conversely, the yearly low was recorded on August 25, dropping to 209.5241.
This high-to-low spread represents a total annual volatility of 22.1782 NGN. From a start-to-finish perspective, comparing the January average rate of 215.3476 to the December average rate of 228.9283, the exchange rate registered a net change of 6.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 231.7023 was up 5.93% compared to the 2010 peak of 218.7330, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
JOD to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 218.0175, compared to 221.7656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7481 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was August, with a trading range of 10.4713 NGN (High: 219.9954 / Low: 209.5241). On the other end, February was the most stable month, with a tight range of 2.4060 NGN (High: 217.3433 / Low: 214.9372).
Growth Streaks & Declines
TrendsBetween July and October, 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 June and July, when the average rate fell by 4.8859 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 228.9283) against the same month in 2010 (average: 215.3923), the exchange rate shifted by +13.5359 (+6.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 217.3162 | 214.3917 | 215.3476 |
| February | 217.3433 | 214.9372 | 215.7684 |
| March | 221.6477 | 216.4719 | 218.8618 |
| April | 219.2008 | 216.4132 | 218.1543 |
| May | 222.5681 | 217.7249 | 220.2611 |
| June | 221.1937 | 214.8009 | 219.7119 |
| July | 216.2569 | 212.0700 | 214.8260 |
| August | 219.9954 | 209.5241 | 216.7717 |
| September | 224.3107 | 218.2622 | 220.5306 |
| October | 231.4976 | 222.0904 | 225.5994 |
| November | 227.3943 | 221.6043 | 223.9379 |
| December | 231.7023 | 227.1671 | 228.9283 |