2020 JOD to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JOD to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JOD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 118.6793. Conversely, the yearly low was recorded on January 12, dropping to 84.0837.
This high-to-low spread represents a total annual volatility of 34.5956 ARS. From a start-to-finish perspective, comparing the January average rate of 84.5187 to the December average rate of 116.4674, the exchange rate registered a net change of 37.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 118.6793 was up 39.70% compared to the 2019 peak of 84.9533, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
JOD to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 90.9461, compared to 108.0572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.1111 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 4.1295 ARS (High: 114.6807 / Low: 110.5512). On the other end, January was the most stable month, with a tight range of 0.9810 ARS (High: 85.0647 / Low: 84.0837).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 116.4674) against the same month in 2019 (average: 84.3350), the exchange rate shifted by +32.1324 (+38.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 85.0647 | 84.0837 | 84.5187 |
| February | 87.6572 | 85.0647 | 86.4261 |
| March | 90.8083 | 87.2827 | 89.0082 |
| April | 94.2578 | 90.8836 | 92.4429 |
| May | 96.5226 | 92.9793 | 95.2554 |
| June | 99.2894 | 96.7254 | 98.0255 |
| July | 102.0824 | 99.4504 | 100.6256 |
| August | 104.5360 | 102.0681 | 103.2709 |
| September | 107.4370 | 104.7249 | 105.9839 |
| October | 110.4795 | 107.4569 | 109.3487 |
| November | 114.6807 | 110.5512 | 112.6470 |
| December | 118.6793 | 114.8604 | 116.4674 |