YEARLY HIGH
108.5612 INR
YEARLY LOW
99.7518 INR
YEARLY AVERAGE
104.5567 INR

2020 JOD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 108.5612. Conversely, the yearly low was recorded on January 15, dropping to 99.7518.

This high-to-low spread represents a total annual volatility of 8.8094 INR. From a start-to-finish perspective, comparing the January average rate of 100.5234 to the December average rate of 103.9039, the exchange rate registered a net change of 3.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 108.5612 was up 6.65% compared to the 2019 peak of 101.7917, 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 542,806 INR
2019 Average 496,518 INR
Yearly Trough Low 498,759 INR
Transaction Impact: A difference of 44,047.25 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

108.2084
99.8247
JanuMarcMayJulySeptNove

JOD to INR 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 104.6289, compared to 104.4845 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1443 points.

H1 Avg (Jan–Jun) 104.6289
H2 Avg (Jul–Dec) 104.4845

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 6.1572 INR (High: 107.9986 / Low: 101.8414). On the other end, May was the most stable month, with a tight range of 1.2224 INR (High: 107.5106 / Low: 106.2883).

March Spread (Volatile) ±6.1572
May Spread (Stable) ±1.2224

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 August and September, when the average rate fell by 1.4831 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 107.5097) against the same month in 2019 (average: 97.9325), the exchange rate shifted by +9.5773 (+9.78%).

2020 Avg (April) 107.5097
2019 Avg (April) 97.9325

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 101.5042 99.7518 100.5234
February 101.8414 100.2968 100.9741
March 107.9986 101.8414 105.1236
April 108.5612 106.1615 107.5097
May 107.5106 106.2883 106.7839
June 107.7630 105.8760 106.8586
July 106.4248 105.1341 105.6506
August 106.0133 103.1432 105.1902
September 104.2701 103.0329 103.7071
October 105.2382 102.9072 103.7616
November 105.6241 104.0768 104.6938
December 104.5437 103.0429 103.9039