2019 NGN to JOD Historical Review

YEARLY HIGH

0.0023 JOD

YEARLY LOW

0.0019 JOD

YEARLY AVERAGE

0.0020 JOD

2019 NGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.0023. Conversely, the yearly low was recorded on January 9, 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 0.0020 to the December average rate of 0.0020, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0023 was up 16.76% compared to the 2018 peak of 0.0020, 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 2,314 JOD

2018 Average 1,964 JOD

Yearly Trough Low 1,942 JOD

Transaction Impact: A difference of 371.79 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0021

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 2019 was August, with a trading range of 0.0004 JOD (High: 0.0023 / Low: 0.0019). On the other end, November was the most stable month, with a tight range of 0.0000 JOD (High: 0.0020 / Low: 0.0020).

August Spread (Volatile) ±0.0004

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, 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 (June 2019: 0.0020) against the same month in 2018 (average: 0.0020), the exchange rate shifted by +0.0001 (+3.99%).

2019 Avg (June) 0.0020

2018 Avg (June) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0020	0.0019	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	0.0023	0.0020	0.0020
July	0.0020	0.0020	0.0020
August	0.0023	0.0019	0.0020
September	0.0020	0.0019	0.0020
October	0.0020	0.0020	0.0020
November	0.0020	0.0020	0.0020
December	0.0020	0.0020	0.0020