YEARLY HIGH
231.2301 NGN
YEARLY LOW
219.2496 NGN
YEARLY AVERAGE
224.8807 NGN

2013 JOD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the JOD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 231.2301. Conversely, the yearly low was recorded on January 10, dropping to 219.2496.

This high-to-low spread represents a total annual volatility of 11.9805 NGN. From a start-to-finish perspective, comparing the January average rate of 221.0396 to the December average rate of 224.8742, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 231.2301 was up 0.38% compared to the 2012 peak of 230.3619, 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 1,156,151 NGN
2012 Average 1,120,018 NGN
Yearly Trough Low 1,096,248 NGN
Transaction Impact: A difference of 59,902.41 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

229.4284
220.2770
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 223.2973, compared to 226.4641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1667 points.

H1 Avg (Jan–Jun) 223.2973
H2 Avg (Jul–Dec) 226.4641

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 6.4464 NGN (High: 229.4064 / Low: 222.9600). On the other end, May was the most stable month, with a tight range of 1.5024 NGN (High: 223.8474 / Low: 222.3450).

June Spread (Volatile) ±6.4464
May Spread (Stable) ±1.5024

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.7422 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.7422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2013: 228.6657) against the same month in 2012 (average: 222.6288), the exchange rate shifted by +6.0370 (+2.71%).

2013 Avg (September) 228.6657
2012 Avg (September) 222.6288

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 222.0532 219.2496 221.0396
February 223.7435 221.5209 222.2616
March 224.8783 222.4572 223.6672
April 224.9247 221.9772 223.4500
May 223.8474 222.3450 223.2069
June 229.4064 222.9600 226.1587
July 229.1824 226.3827 227.5390
August 230.1070 225.2367 227.3392
September 231.2301 225.7473 228.6657
October 228.2234 224.1467 225.9235
November 225.6037 223.5270 224.4428
December 227.7453 223.5313 224.8742