YEARLY HIGH
0.0048 JOD
YEARLY LOW
0.0043 JOD
YEARLY AVERAGE
0.0045 JOD

2011 NGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0048. Conversely, the yearly low was recorded on December 27, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0005 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0044, the exchange rate registered a net change of -5.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0048 was up 0.55% compared to the 2010 peak of 0.0047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 4,773 JOD
2010 Average 4,689 JOD
Yearly Trough Low 4,316 JOD
Transaction Impact: A difference of 456.84 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0047
0.0043
JanuMarcMayJulySeptNove

NGN 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 0.0046, compared to 0.0045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0046
H2 Avg (Jul–Dec) 0.0045

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0002 JOD (High: 0.0048 / Low: 0.0045). On the other end, February was the most stable month, with a tight range of 0.0001 JOD (High: 0.0047 / Low: 0.0046).

August Spread (Volatile) ±0.0002
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, 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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0046) against the same month in 2010 (average: 0.0047), the exchange rate shifted by -0.0001 (-1.87%).

2011 Avg (August) 0.0046
2010 Avg (August) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0046 0.0046
February 0.0047 0.0046 0.0046
March 0.0046 0.0045 0.0046
April 0.0046 0.0046 0.0046
May 0.0046 0.0045 0.0045
June 0.0047 0.0045 0.0046
July 0.0047 0.0046 0.0047
August 0.0048 0.0045 0.0046
September 0.0046 0.0045 0.0045
October 0.0045 0.0043 0.0044
November 0.0045 0.0044 0.0045
December 0.0044 0.0043 0.0044