YEARLY HIGH
2.0523 BND
YEARLY LOW
1.8635 BND
YEARLY AVERAGE
1.9457 BND

2020 JOD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 2.0523. Conversely, the yearly low was recorded on December 31, dropping to 1.8635.

This high-to-low spread represents a total annual volatility of 0.1888 BND. From a start-to-finish perspective, comparing the January average rate of 1.9054 to the December average rate of 1.8795, the exchange rate registered a net change of -1.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0523 was down 7.67% compared to the 2019 peak of 2.2228, 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 10,261 BND
2019 Average 9,692 BND
Yearly Trough Low 9,317 BND
Transaction Impact: A difference of 944.01 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0217
1.8665
JanuMarcMayJulySeptNove

JOD to BND 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 1.9724, compared to 1.9190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0535 points.

H1 Avg (Jan–Jun) 1.9724
H2 Avg (Jul–Dec) 1.9190

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1081 BND (High: 2.0523 / Low: 1.9442). On the other end, October was the most stable month, with a tight range of 0.0156 BND (High: 1.9270 / Low: 1.9115).

March Spread (Volatile) ±0.1081
October Spread (Stable) ±0.0156

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0336 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0336

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.9971) against the same month in 2019 (average: 1.9052), the exchange rate shifted by +0.0919 (+4.83%).

2020 Avg (March) 1.9971
2019 Avg (March) 1.9052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9272 1.8976 1.9054
February 1.9774 1.9272 1.9595
March 2.0523 1.9442 1.9971
April 2.0299 1.9882 2.0088
May 2.0118 1.9751 1.9986
June 1.9881 1.9527 1.9650
July 1.9694 1.9354 1.9584
August 1.9415 1.9169 1.9317
September 1.9436 1.9135 1.9260
October 1.9270 1.9115 1.9174
November 1.9263 1.8862 1.9007
December 1.8922 1.8635 1.8795