YEARLY HIGH
0.0020 JOD
YEARLY LOW
0.0019 JOD
YEARLY AVERAGE
0.0020 JOD

2018 NGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0020. Conversely, the yearly low was recorded on December 1, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0000 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0019, the exchange rate registered a net change of -1.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0020 was down 15.10% compared to the 2017 peak of 0.0023, 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 1,982 JOD
2017 Average 2,134 JOD
Yearly Trough Low 1,940 JOD
Transaction Impact: A difference of 41.85 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0020
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 0.0020, 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 0.0000 points.

H1 Avg (Jan–Jun) 0.0020
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0000 JOD (High: 0.0020 / Low: 0.0020). On the other end, April was the most stable month, with a tight range of 0.0000 JOD (High: 0.0020 / Low: 0.0020).

January Spread (Volatile) ±0.0000
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0020) against the same month in 2017 (average: 0.0023), the exchange rate shifted by -0.0003 (-12.94%).

2018 Avg (January) 0.0020
2017 Avg (January) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

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