YEARLY HIGH
0.0488 JOD
YEARLY LOW
0.0385 JOD
YEARLY AVERAGE
0.0437 JOD

2022 NAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0488. Conversely, the yearly low was recorded on October 24, dropping to 0.0385.

This high-to-low spread represents a total annual volatility of 0.0103 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0457 to the December average rate of 0.0411, the exchange rate registered a net change of -10.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0488 was down 7.12% compared to the 2021 peak of 0.0525, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 244 JOD
2021 Average 240 JOD
Yearly Trough Low 192 JOD
Transaction Impact: A difference of 51.63 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0482
0.0384
JanuMarcMayJulySeptNove

NAD to JOD 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 0.0461, compared to 0.0413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0461
H2 Avg (Jul–Dec) 0.0413

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0044 JOD (High: 0.0487 / Low: 0.0443). On the other end, October was the most stable month, with a tight range of 0.0013 JOD (High: 0.0397 / Low: 0.0385).

April Spread (Volatile) ±0.0044
October Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0472) against the same month in 2021 (average: 0.0473), the exchange rate shifted by -0.0001 (-0.21%).

2022 Avg (March) 0.0472
2021 Avg (March) 0.0473

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0470 0.0443 0.0457
February 0.0471 0.0456 0.0465
March 0.0488 0.0444 0.0472
April 0.0487 0.0443 0.0474
May 0.0454 0.0437 0.0445
June 0.0461 0.0441 0.0450
July 0.0451 0.0416 0.0441
August 0.0438 0.0417 0.0425
September 0.0418 0.0393 0.0404
October 0.0397 0.0385 0.0392
November 0.0418 0.0388 0.0405
December 0.0418 0.0401 0.0411