YEARLY HIGH
2.0452 CAD
YEARLY LOW
1.7912 CAD
YEARLY AVERAGE
1.8920 CAD

2020 JOD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 2.0452. Conversely, the yearly low was recorded on December 15, dropping to 1.7912.

This high-to-low spread represents a total annual volatility of 0.2540 CAD. From a start-to-finish perspective, comparing the January average rate of 1.8447 to the December average rate of 1.8067, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0452 was up 6.46% compared to the 2019 peak of 1.9211, 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 10,226 CAD
2019 Average 9,357 CAD
Yearly Trough Low 8,956 CAD
Transaction Impact: A difference of 1,270.23 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9999
1.7892
JanuMarcMayJulySeptNove

JOD to CAD 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 1.9253, compared to 1.8586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0667 points.

H1 Avg (Jan–Jun) 1.9253
H2 Avg (Jul–Dec) 1.8586

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1658 CAD (High: 2.0452 / Low: 1.8794). On the other end, February was the most stable month, with a tight range of 0.0251 CAD (High: 1.8900 / Low: 1.8649).

March Spread (Volatile) ±0.1658
February Spread (Stable) ±0.0251

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 0.0615 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0615

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.9659) against the same month in 2019 (average: 1.8852), the exchange rate shifted by +0.0807 (+4.28%).

2020 Avg (March) 1.9659
2019 Avg (March) 1.8852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8684 1.8284 1.8447
February 1.8900 1.8649 1.8736
March 2.0452 1.8794 1.9659
April 2.0076 1.9569 1.9824
May 2.0118 1.9401 1.9735
June 1.9295 1.8859 1.9120
July 1.9198 1.8815 1.9055
August 1.8916 1.8391 1.8674
September 1.8882 1.8402 1.8642
October 1.8789 1.8494 1.8630
November 1.8856 1.8318 1.8447
December 1.8243 1.7912 1.8067