YEARLY HIGH
477.9305 HUF
YEARLY LOW
408.8336 HUF
YEARLY AVERAGE
434.3252 HUF

2020 JOD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 477.9305. Conversely, the yearly low was recorded on December 17, dropping to 408.8336.

This high-to-low spread represents a total annual volatility of 69.0969 HUF. From a start-to-finish perspective, comparing the January average rate of 424.4262 to the December average rate of 415.9376, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 477.9305 was up 10.28% compared to the 2019 peak of 433.3703, 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 2,389,652 HUF
2019 Average 2,049,720 HUF
Yearly Trough Low 2,044,168 HUF
Transaction Impact: A difference of 345,484.51 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

467.5065
411.0384
JanuMarcMayJulySeptNove

JOD to HUF 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 442.2531, compared to 426.3974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.8557 points.

H1 Avg (Jan–Jun) 442.2531
H2 Avg (Jul–Dec) 426.3974

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 58.3506 HUF (High: 473.7385 / Low: 415.3879). On the other end, December was the most stable month, with a tight range of 11.2228 HUF (High: 420.0564 / Low: 408.8336).

March Spread (Volatile) ±58.3506
December Spread (Stable) ±11.2228

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 17.8813 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -17.8813

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 462.8009) against the same month in 2019 (average: 403.4644), the exchange rate shifted by +59.3365 (+14.71%).

2020 Avg (April) 462.8009
2019 Avg (April) 403.4644

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 432.5975 415.4184 424.4262
February 442.3053 428.8717 436.1254
March 473.7385 415.3879 440.8524
April 477.9305 451.6323 462.8009
May 462.5970 440.1326 453.5975
June 446.9765 426.4890 435.7162
July 443.7798 409.9580 432.2173
August 425.0409 409.8558 415.7441
September 442.0495 421.1332 431.3287
October 444.3371 424.6925 434.4433
November 444.1739 424.0085 428.7132
December 420.0564 408.8336 415.9376