YEARLY HIGH
2.8237 BBD
YEARLY LOW
2.8169 BBD
YEARLY AVERAGE
2.8209 BBD

2020 JOD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 2.8237. Conversely, the yearly low was recorded on April 5, dropping to 2.8169.

This high-to-low spread represents a total annual volatility of 0.0068 BBD. From a start-to-finish perspective, comparing the January average rate of 2.8209 to the December average rate of 2.8211, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8237 was down 0.17% compared to the 2019 peak of 2.8285, 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 14,118 BBD
2019 Average 14,104 BBD
Yearly Trough Low 14,085 BBD
Transaction Impact: A difference of 33.80 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8212
2.8207
JanuMarcMayJulySeptNove

JOD to BBD 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 2.8209, compared to 2.8209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 2.8209
H2 Avg (Jul–Dec) 2.8209

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0040 BBD (High: 2.8209 / Low: 2.8169). On the other end, October was the most stable month, with a tight range of 0.0000 BBD (High: 2.8209 / Low: 2.8209).

April Spread (Volatile) ±0.0040
October Spread (Stable) ±0.0000

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.8211) against the same month in 2019 (average: 2.8205), the exchange rate shifted by +0.0006 (+0.02%).

2020 Avg (December) 2.8211
2019 Avg (December) 2.8205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8229 2.8209 2.8209
February 2.8229 2.8209 2.8211
March 2.8221 2.8205 2.8209
April 2.8209 2.8169 2.8207
May 2.8221 2.8189 2.8208
June 2.8209 2.8185 2.8207
July 2.8209 2.8209 2.8209
August 2.8209 2.8209 2.8209
September 2.8209 2.8209 2.8209
October 2.8209 2.8209 2.8209
November 2.8217 2.8205 2.8209
December 2.8237 2.8209 2.8211