2020 JOD to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JOD to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JOD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 22.9087. Conversely, the yearly low was recorded on March 8, dropping to 21.8650.
This high-to-low spread represents a total annual volatility of 1.0437 EGP. From a start-to-finish perspective, comparing the January average rate of 22.4240 to the December average rate of 22.1317, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 22.9087 was down 9.36% compared to the 2019 peak of 25.2753, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
JOD to EGP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.3219, compared to 22.2788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0431 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was May, with a trading range of 0.4462 EGP (High: 22.3709 / Low: 21.9247). On the other end, April was the most stable month, with a tight range of 0.0931 EGP (High: 22.2818 / Low: 22.1887).
Growth Streaks & Declines
TrendsBetween February and April, 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 January and February, when the average rate fell by 0.3030 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2020: 22.7992) against the same month in 2019 (average: 23.5897), the exchange rate shifted by -0.7906 (-3.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.6735 | 22.2430 | 22.4240 |
| February | 22.3251 | 21.9425 | 22.1210 |
| March | 22.2428 | 21.8650 | 22.1233 |
| April | 22.2818 | 22.1887 | 22.2361 |
| May | 22.3709 | 21.9247 | 22.2279 |
| June | 22.9087 | 22.4756 | 22.7992 |
| July | 22.7468 | 22.4745 | 22.5772 |
| August | 22.6032 | 22.3577 | 22.4767 |
| September | 22.3866 | 22.1910 | 22.2540 |
| October | 22.2155 | 22.0899 | 22.1564 |
| November | 22.1927 | 21.9836 | 22.0766 |
| December | 22.2383 | 21.9806 | 22.1317 |