YEARLY HIGH
0.4453 JOD
YEARLY LOW
0.3868 JOD
YEARLY AVERAGE
0.4138 JOD

2020 BGN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4453. Conversely, the yearly low was recorded on March 19, dropping to 0.3868.

This high-to-low spread represents a total annual volatility of 0.0585 JOD. From a start-to-finish perspective, comparing the January average rate of 0.4025 to the December average rate of 0.4411, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4453 was up 6.30% compared to the 2019 peak of 0.4189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 2,226 JOD
2019 Average 2,029 JOD
Yearly Trough Low 1,934 JOD
Transaction Impact: A difference of 292.26 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4459
0.3893
JanuMarcMayJulySeptNove

BGN 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 0.3994, compared to 0.4281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0287 points.

H1 Avg (Jan–Jun) 0.3994
H2 Avg (Jul–Dec) 0.4281

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0263 JOD (High: 0.4131 / Low: 0.3868). On the other end, January was the most stable month, with a tight range of 0.0073 JOD (High: 0.4066 / Low: 0.3992).

March Spread (Volatile) ±0.0263
January Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between April and August, 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 0.0068 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4411) against the same month in 2019 (average: 0.4028), the exchange rate shifted by +0.0383 (+9.51%).

2020 Avg (December) 0.4411
2019 Avg (December) 0.4028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4066 0.3992 0.4025
February 0.4017 0.3912 0.3958
March 0.4131 0.3868 0.4008
April 0.3982 0.3906 0.3940
May 0.4026 0.3914 0.3955
June 0.4122 0.4036 0.4080
July 0.4294 0.4074 0.4154
August 0.4331 0.4256 0.4289
September 0.4316 0.4211 0.4271
October 0.4302 0.4226 0.4266
November 0.4335 0.4215 0.4294
December 0.4453 0.4379 0.4411