YEARLY HIGH
93373.8081 IRR
YEARLY LOW
59302.8169 IRR
YEARLY AVERAGE
59483.2784 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 466,869,041 IRR
2019 Average 297,277,725 IRR
Yearly Trough Low 296,514,085 IRR
Transaction Impact: A difference of 170,354,956.23 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

60600.3334
59272.8715
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 59394.2479
H2 Avg (Jul–Dec) 59572.3089

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±33987.3483
October Spread (Stable) ±0.1342

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -1104.2236

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (July) 60489.7116
2019 Avg (July) 59388.9981

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