YEARLY HIGH
2.5850 BGN
YEARLY LOW
2.2457 BGN
YEARLY AVERAGE
2.4205 BGN

2020 JOD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 2.5850. Conversely, the yearly low was recorded on December 30, dropping to 2.2457.

This high-to-low spread represents a total annual volatility of 0.3393 BGN. From a start-to-finish perspective, comparing the January average rate of 2.4846 to the December average rate of 2.2669, the exchange rate registered a net change of -8.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5850 was up 2.17% compared to the 2019 peak of 2.5302, 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 12,925 BGN
2019 Average 12,323 BGN
Yearly Trough Low 11,229 BGN
Transaction Impact: A difference of 1,696.66 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5654
2.2398
JanuMarcMayJulySeptNove

JOD to BGN 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 2.5042, compared to 2.3369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1673 points.

H1 Avg (Jan–Jun) 2.5042
H2 Avg (Jul–Dec) 2.3369

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1643 BGN (High: 2.5850 / Low: 2.4208). On the other end, December was the most stable month, with a tight range of 0.0381 BGN (High: 2.2838 / Low: 2.2457).

March Spread (Volatile) ±0.1643
December Spread (Stable) ±0.0381

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0773 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0773

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.4960) against the same month in 2019 (average: 2.4414), the exchange rate shifted by +0.0546 (+2.23%).

2020 Avg (March) 2.4960
2019 Avg (March) 2.4414

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5049 2.4597 2.4846
February 2.5566 2.4894 2.5265
March 2.5850 2.4208 2.4960
April 2.5604 2.5114 2.5382
May 2.5547 2.4839 2.5285
June 2.4775 2.4263 2.4513
July 2.4544 2.3286 2.4080
August 2.3496 2.3089 2.3317
September 2.3745 2.3167 2.3415
October 2.3664 2.3247 2.3439
November 2.3727 2.3067 2.3292
December 2.2838 2.2457 2.2669