YEARLY HIGH
0.5338 BHD
YEARLY LOW
0.5294 BHD
YEARLY AVERAGE
0.5320 BHD

2020 JOD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5338. Conversely, the yearly low was recorded on April 13, dropping to 0.5294.

This high-to-low spread represents a total annual volatility of 0.0045 BHD. From a start-to-finish perspective, comparing the January average rate of 0.5318 to the December average rate of 0.5318, 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 0.5338 was up 0.11% compared to the 2019 peak of 0.5332, 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 2,669 BHD
2019 Average 2,658 BHD
Yearly Trough Low 2,647 BHD
Transaction Impact: A difference of 22.48 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5327
0.5316
JanuMarcMayJulySeptNove

JOD to BHD 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 0.5322, compared to 0.5318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.5322
H2 Avg (Jul–Dec) 0.5318

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0043 BHD (High: 0.5337 / Low: 0.5294). On the other end, November was the most stable month, with a tight range of 0.0002 BHD (High: 0.5320 / Low: 0.5317).

April Spread (Volatile) ±0.0043
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.5318) against the same month in 2019 (average: 0.5312), the exchange rate shifted by +0.0006 (+0.11%).

2020 Avg (January) 0.5318
2019 Avg (January) 0.5312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5338 0.5307 0.5318
February 0.5321 0.5312 0.5317
March 0.5337 0.5309 0.5320
April 0.5337 0.5294 0.5325
May 0.5333 0.5319 0.5326
June 0.5327 0.5315 0.5322
July 0.5326 0.5317 0.5319
August 0.5329 0.5316 0.5318
September 0.5320 0.5316 0.5318
October 0.5320 0.5317 0.5318
November 0.5320 0.5317 0.5318
December 0.5324 0.5316 0.5318