2019 JOD to NGN Historical Review

YEARLY HIGH

514.9038 NGN

YEARLY LOW

432.1715 NGN

YEARLY AVERAGE

507.8121 NGN

2019 JOD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 514.9038. Conversely, the yearly low was recorded on June 10, dropping to 432.1715.

This high-to-low spread represents a total annual volatility of 82.7323 NGN. From a start-to-finish perspective, comparing the January average rate of 512.0668 to the December average rate of 511.3674, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 514.9038 was down 0.11% compared to the 2018 peak of 515.4816, 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 2,574,519 NGN

2018 Average 2,545,977 NGN

Yearly Trough Low 2,160,857 NGN

Transaction Impact: A difference of 413,661.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

514.2370

488.1947

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 505.9896, compared to 509.6346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6450 points.

H1 Avg (Jan–Jun) 505.9896

H2 Avg (Jul–Dec) 509.6346

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 81.4648 NGN (High: 514.0056 / Low: 432.5408). On the other end, November was the most stable month, with a tight range of 2.0451 NGN (High: 511.9182 / Low: 509.8731).

August Spread (Volatile) ±81.4648

November Spread (Stable) ±2.0451

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 May and June, when the average rate fell by 17.7163 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -17.7163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 512.0668) against the same month in 2018 (average: 507.5371), the exchange rate shifted by +4.5298 (+0.89%).

2019 Avg (January) 512.0668

2018 Avg (January) 507.5371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	514.9038	509.7914	512.0668
February	511.6354	508.6307	509.5621
March	510.4135	506.1292	507.9058
April	510.1278	505.8399	507.9571
May	510.1039	506.8811	508.0811
June	509.6772	432.1715	490.3649
July	510.9174	507.0493	508.4168
August	514.0056	432.5408	506.6065
September	513.1395	507.5851	510.0767
October	512.2908	509.1671	510.4439
November	511.9182	509.8731	510.8963
December	512.5942	509.8731	511.3674