YEARLY HIGH
0.2550 JOD
YEARLY LOW
0.2049 JOD
YEARLY AVERAGE
0.2284 JOD

2020 GEL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.2550. Conversely, the yearly low was recorded on March 25, dropping to 0.2049.

This high-to-low spread represents a total annual volatility of 0.0501 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2464 to the December average rate of 0.2152, the exchange rate registered a net change of -12.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2550 was down 5.28% compared to the 2019 peak of 0.2693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,275 JOD
2019 Average 1,261 JOD
Yearly Trough Low 1,025 JOD
Transaction Impact: A difference of 250.61 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2530
0.2101
JanuMarcMayJulySeptNove

GEL 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 0.2348, compared to 0.2220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.2348
H2 Avg (Jul–Dec) 0.2220

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0497 JOD (High: 0.2546 / Low: 0.2049). On the other end, August was the most stable month, with a tight range of 0.0017 JOD (High: 0.2298 / Low: 0.2281).

March Spread (Volatile) ±0.0497
August Spread (Stable) ±0.0017

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 March and April, when the average rate fell by 0.0138 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.2494) against the same month in 2019 (average: 0.2674), the exchange rate shifted by -0.0181 (-6.75%).

2020 Avg (February) 0.2494
2019 Avg (February) 0.2674

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2488 0.2449 0.2464
February 0.2550 0.2452 0.2494
March 0.2546 0.2049 0.2366
April 0.2258 0.2158 0.2228
May 0.2226 0.2203 0.2214
June 0.2403 0.2223 0.2321
July 0.2321 0.2291 0.2307
August 0.2298 0.2281 0.2294
September 0.2306 0.2116 0.2232
October 0.2212 0.2165 0.2198
November 0.2188 0.2073 0.2137
December 0.2167 0.2132 0.2152