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2020 JOD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JOD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 2359.4533. Conversely, the yearly low was recorded on July 6, dropping to 1192.5384.
This high-to-low spread represents a total annual volatility of 1166.9150 LBP. From a start-to-finish perspective, comparing the January average rate of 2134.7193 to the December average rate of 2136.8112, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 2359.4533 was up 8.49% compared to the 2019 peak of 2174.7233, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
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JOD to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 2130.9051, compared to 2130.6174 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.2878 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 945.7881 LBP (High: 2138.3265 / Low: 1192.5384). On the other end, February was the most stable month, with a tight range of 4.6164 LBP (High: 2136.9090 / Low: 2132.2925).
Growth Streaks & Declines
TrendsBetween July and September, 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 37.8604 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2020: 2141.8609) against the same month in 2019 (average: 2129.3820), the exchange rate shifted by +12.4789 (+0.59%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 2171.2107 | 2127.4478 | 2134.7193 |
| February | 2136.9090 | 2132.2925 | 2133.7760 |
| March | 2147.1519 | 1279.8178 | 2107.0011 |
| April | 2149.6531 | 2124.9262 | 2134.5202 |
| May | 2136.4097 | 2131.1136 | 2133.5532 |
| June | 2359.4533 | 2123.7840 | 2141.8609 |
| July | 2138.3265 | 1192.5384 | 2104.0005 |
| August | 2138.7494 | 2126.9829 | 2133.6852 |
| September | 2148.6581 | 2131.7558 | 2136.5624 |
| October | 2144.8886 | 2130.7833 | 2135.8635 |
| November | 2143.7201 | 2127.8446 | 2136.7815 |
| December | 2144.9708 | 2133.1135 | 2136.8112 |