2017 NGN to JOD Historical Review

YEARLY HIGH

0.0023 JOD

YEARLY LOW

0.0019 JOD

YEARLY AVERAGE

0.0021 JOD

2017 NGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0023. Conversely, the yearly low was recorded on August 5, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0004 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0020, the exchange rate registered a net change of -12.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0023 was down 34.71% compared to the 2016 peak of 0.0036, 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 2,334 JOD

2016 Average 2,889 JOD

Yearly Trough Low 1,921 JOD

Transaction Impact: A difference of 413.25 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0023

0.0019

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 0.0022, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0022

H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0003 JOD (High: 0.0022 / Low: 0.0019). On the other end, December was the most stable month, with a tight range of 0.0000 JOD (High: 0.0020 / Low: 0.0020).

August Spread (Volatile) ±0.0003

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0023) against the same month in 2016 (average: 0.0036), the exchange rate shifted by -0.0013 (-36.47%).

2017 Avg (January) 0.0023

2016 Avg (January) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0023	0.0022	0.0023
February	0.0023	0.0022	0.0022
March	0.0023	0.0022	0.0023
April	0.0023	0.0022	0.0023
May	0.0023	0.0022	0.0022
June	0.0023	0.0020	0.0022
July	0.0023	0.0020	0.0022
August	0.0022	0.0019	0.0020
September	0.0020	0.0020	0.0020
October	0.0020	0.0020	0.0020
November	0.0020	0.0020	0.0020
December	0.0020	0.0020	0.0020