YEARLY HIGH
23945.6982 IDR
YEARLY LOW
18642.3387 IDR
YEARLY AVERAGE
20511.3211 IDR

2020 JOD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 23945.6982. Conversely, the yearly low was recorded on January 27, dropping to 18642.3387.

This high-to-low spread represents a total annual volatility of 5303.3595 IDR. From a start-to-finish perspective, comparing the January average rate of 19351.9382 to the December average rate of 19910.4976, the exchange rate registered a net change of 2.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 23945.6982 was up 16.89% compared to the 2019 peak of 20486.5219, 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 119,728,491 IDR
2019 Average 99,688,538 IDR
Yearly Trough Low 93,211,694 IDR
Transaction Impact: A difference of 26,516,797.28 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

22505.7682
19065.2263
JanuMarcMayJulySeptNove

JOD to IDR 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 20556.1706, compared to 20466.4715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 89.6991 points.

H1 Avg (Jan–Jun) 20556.1706
H2 Avg (Jul–Dec) 20466.4715

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4265.6967 IDR (High: 23945.6982 / Low: 19680.0015). On the other end, December was the most stable month, with a tight range of 343.7419 IDR (High: 20028.2087 / Low: 19684.4669).

March Spread (Volatile) ±4265.6967
December Spread (Stable) ±343.7419

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 April and May, when the average rate fell by 1280.6075 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1280.6075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 21403.6940) against the same month in 2019 (average: 20052.8199), the exchange rate shifted by +1350.8741 (+6.74%).

2020 Avg (March) 21403.6940
2019 Avg (March) 20052.8199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19661.7525 18642.3387 19351.9382
February 19769.2647 19243.1174 19394.0519
March 23945.6982 19680.0015 21403.6940
April 23475.7405 21367.7426 22219.0563
May 21766.5726 20634.8209 20938.4488
June 20602.9619 19709.9245 20029.8343
July 20869.3935 20106.6622 20485.4782
August 21040.0564 20454.3571 20717.8993
September 21248.2370 20662.1108 20914.5531
October 20947.6218 20517.8350 20738.2917
November 20642.6432 19799.7952 20032.1093
December 20028.2087 19684.4669 19910.4976