YEARLY HIGH
1779.1961 KRW
YEARLY LOW
1528.7305 KRW
YEARLY AVERAGE
1663.6383 KRW

2020 JOD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 1779.1961. Conversely, the yearly low was recorded on December 6, dropping to 1528.7305.

This high-to-low spread represents a total annual volatility of 250.4655 KRW. From a start-to-finish perspective, comparing the January average rate of 1644.7158 to the December average rate of 1543.4751, the exchange rate registered a net change of -6.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1779.1961 was up 3.59% compared to the 2019 peak of 1717.5609, 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 8,895,980 KRW
2019 Average 8,217,461 KRW
Yearly Trough Low 7,643,653 KRW
Transaction Impact: A difference of 1,252,327.56 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1752.8787
1524.4384
JanuMarcMayJulySeptNove

JOD to KRW 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 1701.0237, compared to 1626.2529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 74.7708 points.

H1 Avg (Jan–Jun) 1701.0237
H2 Avg (Jul–Dec) 1626.2529

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 107.8844 KRW (High: 1779.1961 / Low: 1671.3117). On the other end, August was the most stable month, with a tight range of 19.4641 KRW (High: 1684.6121 / Low: 1665.1480).

March Spread (Volatile) ±107.8844
August Spread (Stable) ±19.4641

Growth Streaks & Declines

Trends

Between January and May, 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 September and October, when the average rate fell by 47.3804 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -47.3804

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1715.4074) against the same month in 2019 (average: 1597.5464), the exchange rate shifted by +117.8609 (+7.38%).

2020 Avg (March) 1715.4074
2019 Avg (March) 1597.5464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1688.0311 1628.9704 1644.7158
February 1718.8293 1662.8350 1685.4739
March 1779.1961 1671.3117 1715.4074
April 1744.4358 1707.3484 1724.4717
May 1750.3808 1719.0980 1733.8420
June 1725.0493 1679.4922 1702.2313
July 1699.9295 1677.9266 1691.3365
August 1684.6121 1665.1480 1674.5673
September 1680.9168 1641.1848 1661.3592
October 1645.0776 1591.6008 1613.9788
November 1603.1807 1559.0152 1572.8006
December 1564.4711 1528.7305 1543.4751