YEARLY HIGH
110.1584 AFN
YEARLY LOW
106.7509 AFN
YEARLY AVERAGE
108.3854 AFN

2020 JOD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 110.1584. Conversely, the yearly low was recorded on March 2, dropping to 106.7509.

This high-to-low spread represents a total annual volatility of 3.4074 AFN. From a start-to-finish perspective, comparing the January average rate of 108.8982 to the December average rate of 108.7124, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 110.1584 was down 4.32% compared to the 2019 peak of 115.1331, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 550,792 AFN
2019 Average 549,322 AFN
Yearly Trough Low 533,755 AFN
Transaction Impact: A difference of 17,037.17 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

109.1311
107.2708
JanuMarcMayJulySeptNove

JOD to AFN 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 108.1941, compared to 108.5768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3827 points.

H1 Avg (Jan–Jun) 108.1941
H2 Avg (Jul–Dec) 108.5768

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 2.8427 AFN (High: 109.8244 / Low: 106.9817). On the other end, October was the most stable month, with a tight range of 0.2698 AFN (High: 108.5209 / Low: 108.2511).

February Spread (Volatile) ±2.8427
October Spread (Stable) ±0.2698

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 February and March, when the average rate fell by 1.0147 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 108.8982) against the same month in 2019 (average: 106.3719), the exchange rate shifted by +2.5263 (+2.37%).

2020 Avg (January) 108.8982
2019 Avg (January) 106.3719

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 110.1584 107.7574 108.8982
February 109.8244 106.9817 108.5072
March 108.4626 106.7509 107.4925
April 108.1805 106.9333 107.4258
May 108.2158 107.3996 107.8646
June 109.5251 108.1805 108.9761
July 108.9563 108.1805 108.7030
August 110.0766 108.1805 108.7075
September 108.8152 107.8234 108.3645
October 108.5209 108.2511 108.4031
November 108.6742 108.3700 108.5701
December 109.0268 108.4364 108.7124