2020 JOD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JOD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JOD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 93373.8081. Conversely, the yearly low was recorded on April 5, dropping to 59302.8169.
This high-to-low spread represents a total annual volatility of 34070.9912 IRR. From a start-to-finish perspective, comparing the January average rate of 59389.3601 to the December average rate of 59393.4344, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 93373.8081 was up 54.33% compared to the 2019 peak of 60501.4315, 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 IRR 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 59394.2479, compared to 59572.3089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 178.0610 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 33987.3483 IRR (High: 93373.8081 / Low: 59386.4598). On the other end, October was the most stable month, with a tight range of 0.1342 IRR (High: 59386.5940 / Low: 59386.4598).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1104.2236 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2020: 60489.7116) against the same month in 2019 (average: 59388.9981), the exchange rate shifted by +1100.7135 (+1.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 59478.8430 | 59384.0412 | 59389.3601 |
| February | 59478.8429 | 59386.4598 | 59396.0386 |
| March | 59571.7703 | 59378.0849 | 59405.9141 |
| April | 59389.7957 | 59302.8169 | 59383.4933 |
| May | 59611.4459 | 59344.6089 | 59398.6854 |
| June | 59490.4654 | 59336.2458 | 59391.9961 |
| July | 93373.8081 | 59386.4598 | 60489.7116 |
| August | 59387.4474 | 59370.0496 | 59385.4880 |
| September | 59387.4474 | 59382.1864 | 59386.3061 |
| October | 59386.5940 | 59386.4598 | 59386.4648 |
| November | 59435.7757 | 59378.0849 | 59392.4487 |
| December | 59445.1504 | 59386.4598 | 59393.4344 |