YEARLY HIGH
0.1041 JOD
YEARLY LOW
0.1022 JOD
YEARLY AVERAGE
0.1027 JOD

2020 BOB to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.1041. Conversely, the yearly low was recorded on January 1, dropping to 0.1022.

This high-to-low spread represents a total annual volatility of 0.0019 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1025 to the December average rate of 0.1028, the exchange rate registered a net change of 0.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1041 was down 0.16% compared to the 2019 peak of 0.1043, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 520 JOD
2019 Average 513 JOD
Yearly Trough Low 511 JOD
Transaction Impact: A difference of 9.67 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1030
0.1025
JanuMarcMayJulySeptNove

BOB 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 0.1027, compared to 0.1027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1027
H2 Avg (Jul–Dec) 0.1027

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0017 JOD (High: 0.1041 / Low: 0.1024). On the other end, February was the most stable month, with a tight range of 0.0002 JOD (High: 0.1027 / Low: 0.1025).

March Spread (Volatile) ±0.0017
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1029) against the same month in 2019 (average: 0.1026), the exchange rate shifted by +0.0003 (+0.28%).

2020 Avg (March) 0.1029
2019 Avg (March) 0.1026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1028 0.1022 0.1025
February 0.1027 0.1025 0.1025
March 0.1041 0.1024 0.1029
April 0.1037 0.1024 0.1028
May 0.1035 0.1026 0.1028
June 0.1027 0.1025 0.1026
July 0.1029 0.1024 0.1027
August 0.1030 0.1024 0.1027
September 0.1029 0.1026 0.1027
October 0.1028 0.1025 0.1027
November 0.1030 0.1024 0.1028
December 0.1032 0.1023 0.1028