YEARLY HIGH
0.5583 JOD
YEARLY LOW
0.4889 JOD
YEARLY AVERAGE
0.5290 JOD

2020 CAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.5583. Conversely, the yearly low was recorded on March 19, dropping to 0.4889.

This high-to-low spread represents a total annual volatility of 0.0693 JOD. From a start-to-finish perspective, comparing the January average rate of 0.5421 to the December average rate of 0.5535, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5583 was up 2.40% compared to the 2019 peak of 0.5452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,791 JOD
2019 Average 2,672 JOD
Yearly Trough Low 2,445 JOD
Transaction Impact: A difference of 346.74 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5584
0.4996
JanuMarcMayJulySeptNove

CAD 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 0.5199, compared to 0.5382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.5199
H2 Avg (Jul–Dec) 0.5382

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0431 JOD (High: 0.5321 / Low: 0.4889). On the other end, February was the most stable month, with a tight range of 0.0071 JOD (High: 0.5362 / Low: 0.5291).

March Spread (Volatile) ±0.0431
February Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0247 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5535) against the same month in 2019 (average: 0.5385), the exchange rate shifted by +0.0150 (+2.79%).

2020 Avg (December) 0.5535
2019 Avg (December) 0.5385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5469 0.5352 0.5421
February 0.5362 0.5291 0.5337
March 0.5321 0.4889 0.5091
April 0.5110 0.4981 0.5045
May 0.5154 0.4971 0.5068
June 0.5303 0.5183 0.5230
July 0.5315 0.5209 0.5248
August 0.5438 0.5287 0.5355
September 0.5434 0.5296 0.5365
October 0.5407 0.5322 0.5368
November 0.5459 0.5303 0.5421
December 0.5583 0.5481 0.5535