YEARLY HIGH
0.0045 JOD
YEARLY LOW
0.0038 JOD
YEARLY AVERAGE
0.0043 JOD

2014 NGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0045. Conversely, the yearly low was recorded on December 23, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0006 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0044 to the December average rate of 0.0039, the exchange rate registered a net change of -11.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0045 was down 2.30% compared to the 2013 peak of 0.0046, 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 4,456 JOD
2013 Average 4,447 JOD
Yearly Trough Low 3,838 JOD
Transaction Impact: A difference of 618.38 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0045
0.0038
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 0.0044, compared to 0.0042 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) 0.0044
H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0003 JOD (High: 0.0043 / Low: 0.0040). On the other end, July was the most stable month, with a tight range of 0.0000 JOD (High: 0.0044 / Low: 0.0043).

November Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0044) against the same month in 2013 (average: 0.0045), the exchange rate shifted by -0.0001 (-2.23%).

2014 Avg (May) 0.0044
2013 Avg (May) 0.0045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0045 0.0043 0.0044
February 0.0044 0.0043 0.0043
March 0.0043 0.0043 0.0043
April 0.0044 0.0043 0.0044
May 0.0045 0.0043 0.0044
June 0.0044 0.0043 0.0043
July 0.0044 0.0043 0.0044
August 0.0044 0.0043 0.0044
September 0.0044 0.0043 0.0043
October 0.0043 0.0043 0.0043
November 0.0043 0.0040 0.0041
December 0.0039 0.0038 0.0039