YEARLY HIGH
0.0224 JOD
YEARLY LOW
0.0180 JOD
YEARLY AVERAGE
0.0204 JOD

2020 ETB to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0224. Conversely, the yearly low was recorded on December 31, dropping to 0.0180.

This high-to-low spread represents a total annual volatility of 0.0044 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0221 to the December average rate of 0.0183, the exchange rate registered a net change of -17.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0224 was down 11.29% compared to the 2019 peak of 0.0252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 112 JOD
2019 Average 121 JOD
Yearly Trough Low 90 JOD
Transaction Impact: A difference of 21.89 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0225
0.0179
JanuMarcMayJulySeptNove

ETB 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 0.0215, compared to 0.0192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0215
H2 Avg (Jul–Dec) 0.0192

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0007 JOD (High: 0.0193 / Low: 0.0186). On the other end, January was the most stable month, with a tight range of 0.0002 JOD (High: 0.0222 / Low: 0.0220).

October Spread (Volatile) ±0.0007
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0005 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0221) against the same month in 2019 (average: 0.0249), the exchange rate shifted by -0.0028 (-11.34%).

2020 Avg (February) 0.0221
2019 Avg (February) 0.0249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0222 0.0220 0.0221
February 0.0224 0.0218 0.0221
March 0.0219 0.0215 0.0217
April 0.0218 0.0212 0.0215
May 0.0214 0.0207 0.0210
June 0.0208 0.0202 0.0206
July 0.0204 0.0201 0.0202
August 0.0203 0.0196 0.0198
September 0.0197 0.0192 0.0194
October 0.0193 0.0186 0.0191
November 0.0191 0.0186 0.0187
December 0.0186 0.0180 0.0183