2020 NGN to JOD Historical Review

YEARLY HIGH

0.0020 JOD

YEARLY LOW

0.0018 JOD

YEARLY AVERAGE

0.0019 JOD

2020 NGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0020. Conversely, the yearly low was recorded on December 26, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0002 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0018, the exchange rate registered a net change of -5.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0020 was down 15.19% compared to the 2019 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 1,962 JOD

2019 Average 1,970 JOD

Yearly Trough Low 1,795 JOD

Transaction Impact: A difference of 167.08 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0020

0.0018

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 0.0019, compared to 0.0018 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) 0.0019

H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0001 JOD (High: 0.0019 / Low: 0.0018). On the other end, June was the most stable month, with a tight range of 0.0000 JOD (High: 0.0018 / Low: 0.0018).

March Spread (Volatile) ±0.0001

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0020) against the same month in 2019 (average: 0.0020), the exchange rate shifted by +0.0000 (+0.22%).

2020 Avg (January) 0.0020

2019 Avg (January) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0020	0.0019	0.0020
February	0.0020	0.0019	0.0019
March	0.0019	0.0018	0.0019
April	0.0019	0.0018	0.0018
May	0.0018	0.0018	0.0018
June	0.0018	0.0018	0.0018
July	0.0018	0.0018	0.0018
August	0.0019	0.0018	0.0018
September	0.0019	0.0018	0.0018
October	0.0019	0.0018	0.0019
November	0.0019	0.0018	0.0019
December	0.0019	0.0018	0.0018