YEARLY HIGH
0.9693 JOD
YEARLY LOW
0.8147 JOD
YEARLY AVERAGE
0.9101 JOD

2020 FKP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9693. Conversely, the yearly low was recorded on March 19, dropping to 0.8147.

This high-to-low spread represents a total annual volatility of 0.1546 JOD. From a start-to-finish perspective, comparing the January average rate of 0.9271 to the December average rate of 0.9534, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9693 was up 1.47% compared to the 2019 peak of 0.9553, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,847 JOD
2019 Average 4,528 JOD
Yearly Trough Low 4,074 JOD
Transaction Impact: A difference of 773.05 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9615
0.8637
JanuMarcMayJulySeptNove

FKP 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 0.8939, compared to 0.9264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0325 points.

H1 Avg (Jan–Jun) 0.8939
H2 Avg (Jul–Dec) 0.9264

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1138 JOD (High: 0.9285 / Low: 0.8147). On the other end, October was the most stable month, with a tight range of 0.0174 JOD (High: 0.9309 / Low: 0.9134).

March Spread (Volatile) ±0.1138
October Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 0.0419 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0419

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.9534) against the same month in 2019 (average: 0.9298), the exchange rate shifted by +0.0236 (+2.54%).

2020 Avg (December) 0.9534
2019 Avg (December) 0.9298

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9396 0.9208 0.9271
February 0.9355 0.9087 0.9194
March 0.9285 0.8147 0.8775
April 0.8951 0.8672 0.8801
May 0.8864 0.8567 0.8719
June 0.9029 0.8728 0.8873
July 0.9299 0.8839 0.8981
August 0.9475 0.9249 0.9315
September 0.9501 0.9014 0.9182
October 0.9309 0.9134 0.9201
November 0.9488 0.9162 0.9370
December 0.9693 0.9368 0.9534