YEARLY HIGH
231.7023 NGN
YEARLY LOW
209.5241 NGN
YEARLY AVERAGE
219.8916 NGN

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,158,512 NGN
2010 Average 1,066,340 NGN
Yearly Trough Low 1,047,621 NGN
Transaction Impact: A difference of 110,890.92 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

230.3385
213.4157
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 218.0175
H2 Avg (Jul–Dec) 221.7656

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±10.4713
February Spread (Stable) ±2.4060

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.8859

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2011 Avg (December) 228.9283
2010 Avg (December) 215.3923

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