YEARLY HIGH
2.8576 BZD
YEARLY LOW
2.7907 BZD
YEARLY AVERAGE
2.8418 BZD

2020 JOD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.8576. Conversely, the yearly low was recorded on March 29, dropping to 2.7907.

This high-to-low spread represents a total annual volatility of 0.0669 BZD. From a start-to-finish perspective, comparing the January average rate of 2.8430 to the December average rate of 2.8435, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8576 was up 0.11% compared to the 2019 peak of 2.8545, 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 14,288 BZD
2019 Average 14,210 BZD
Yearly Trough Low 13,954 BZD
Transaction Impact: A difference of 334.58 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8441
2.8372
JanuMarcMayJulySeptNove

JOD to BZD 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 2.8411, compared to 2.8424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 2.8411
H2 Avg (Jul–Dec) 2.8424

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0615 BZD (High: 2.8522 / Low: 2.7907). On the other end, February was the most stable month, with a tight range of 0.0034 BZD (High: 2.8447 / Low: 2.8414).

March Spread (Volatile) ±0.0615
February Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between March and June, 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 0.0056 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.8430) against the same month in 2019 (average: 2.8384), the exchange rate shifted by +0.0046 (+0.16%).

2020 Avg (January) 2.8430
2019 Avg (January) 2.8384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8576 2.8346 2.8430
February 2.8447 2.8414 2.8433
March 2.8522 2.7907 2.8377
April 2.8556 2.7967 2.8378
May 2.8462 2.8244 2.8421
June 2.8451 2.8397 2.8428
July 2.8463 2.8292 2.8424
August 2.8512 2.8279 2.8402
September 2.8449 2.8413 2.8430
October 2.8513 2.8277 2.8427
November 2.8450 2.8280 2.8426
December 2.8465 2.8409 2.8435