YEARLY HIGH
363.2652 CVE
YEARLY LOW
127.0275 CVE
YEARLY AVERAGE
137.5971 CVE

2020 JOD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 363.2652. Conversely, the yearly low was recorded on December 30, dropping to 127.0275.

This high-to-low spread represents a total annual volatility of 236.2377 CVE. From a start-to-finish perspective, comparing the January average rate of 140.5677 to the December average rate of 128.2466, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 363.2652 was up 154.48% compared to the 2019 peak of 142.7485, 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 1,816,326 CVE
2019 Average 696,729 CVE
Yearly Trough Low 635,138 CVE
Transaction Impact: A difference of 1,181,188.29 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

150.6068
126.2138
JanuMarcMayJulySeptNove

JOD to CVE 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 142.9357, compared to 132.2585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.6772 points.

H1 Avg (Jan–Jun) 142.9357
H2 Avg (Jul–Dec) 132.2585

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 226.1001 CVE (High: 363.2652 / Low: 137.1650). On the other end, April was the most stable month, with a tight range of 2.0451 CVE (High: 144.7109 / Low: 142.6657).

March Spread (Volatile) ±226.1001
April Spread (Stable) ±2.0451

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 4.9272 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.9272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 148.5740) against the same month in 2019 (average: 137.9609), the exchange rate shifted by +10.6131 (+7.69%).

2020 Avg (March) 148.5740
2019 Avg (March) 137.9609

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 141.8900 139.1396 140.5677
February 144.5980 141.2906 143.0829
March 363.2652 137.1650 148.5740
April 144.7109 142.6657 143.6468
May 144.7814 140.3385 142.9738
June 140.2821 137.4683 138.7691
July 141.5374 132.3695 136.6095
August 133.1030 130.6770 131.6834
September 134.3441 130.6770 132.3717
October 133.5331 131.4528 132.7117
November 134.0621 130.1128 131.9281
December 129.6897 127.0275 128.2466