YEARLY HIGH
288.0810 NGN
YEARLY LOW
253.5914 NGN
YEARLY AVERAGE
279.2197 NGN

2015 JOD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the JOD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 288.0810. Conversely, the yearly low was recorded on January 8, dropping to 253.5914.

This high-to-low spread represents a total annual volatility of 34.4896 NGN. From a start-to-finish perspective, comparing the January average rate of 262.2722 to the December average rate of 280.5269, the exchange rate registered a net change of 6.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 288.0810 was up 10.56% compared to the 2014 peak of 260.5602, 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 1,440,405 NGN
2014 Average 1,166,314 NGN
Yearly Trough Low 1,267,957 NGN
Transaction Impact: A difference of 172,448.05 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

283.5996
260.3333
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 277.6767, compared to 280.7627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0860 points.

H1 Avg (Jan–Jun) 277.6767
H2 Avg (Jul–Dec) 280.7627

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 20.9474 NGN (High: 288.0810 / Low: 267.1337). On the other end, July was the most stable month, with a tight range of 0.4991 NGN (High: 281.1247 / Low: 280.6256).

February Spread (Volatile) ±20.9474
July Spread (Stable) ±0.4991

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.7526 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7526

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 279.6001) against the same month in 2014 (average: 231.6310), the exchange rate shifted by +47.9691 (+20.71%).

2015 Avg (February) 279.6001
2014 Avg (February) 231.6310

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 270.5543 253.5914 262.2722
February 288.0810 267.1337 279.6001
March 285.7425 279.7125 281.6607
April 281.3332 280.4482 280.9081
May 281.5580 279.3772 280.7916
June 281.3514 279.9818 280.8274
July 281.1247 280.6256 280.8326
August 281.2102 280.3387 280.8651
September 281.6273 280.2025 280.8068
October 281.4568 280.6484 281.0477
November 281.1089 279.8694 280.4968
December 281.1147 278.7072 280.5269