YEARLY HIGH
55.4997 ETB
YEARLY LOW
44.6486 ETB
YEARLY AVERAGE
49.2855 ETB

2020 JOD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 55.4997. Conversely, the yearly low was recorded on February 3, dropping to 44.6486.

This high-to-low spread represents a total annual volatility of 10.8511 ETB. From a start-to-finish perspective, comparing the January average rate of 45.2178 to the December average rate of 54.5962, the exchange rate registered a net change of 20.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 55.4997 was up 23.12% compared to the 2019 peak of 45.0788, 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 277,499 ETB
2019 Average 206,011 ETB
Yearly Trough Low 223,243 ETB
Transaction Impact: A difference of 54,255.45 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

55.5341
44.2800
JanuMarcMayJulySeptNove

JOD to ETB 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 46.5360, compared to 52.0351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4991 points.

H1 Avg (Jan–Jun) 46.5360
H2 Avg (Jul–Dec) 52.0351

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 1.8821 ETB (High: 53.7274 / Low: 51.8453). On the other end, January was the most stable month, with a tight range of 0.3770 ETB (High: 45.4443 / Low: 45.0673).

October Spread (Volatile) ±1.8821
January Spread (Stable) ±0.3770

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 54.5962) against the same month in 2019 (average: 44.4017), the exchange rate shifted by +10.1945 (+22.96%).

2020 Avg (December) 54.5962
2019 Avg (December) 44.4017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.4443 45.0673 45.2178
February 45.7859 44.6486 45.2754
March 46.5883 45.6119 45.9920
April 47.1383 45.8718 46.6142
May 48.2539 46.8374 47.5975
June 49.4393 47.9746 48.5190
July 49.7901 49.0973 49.6256
August 50.9857 49.3501 50.4215
September 51.9682 50.8217 51.6731
October 53.7274 51.8453 52.4807
November 53.9060 52.2333 53.4133
December 55.4997 53.9018 54.5962