YEARLY HIGH
281.2058 LRD
YEARLY LOW
219.9224 LRD
YEARLY AVERAGE
270.4141 LRD

2020 JOD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 281.2058. Conversely, the yearly low was recorded on November 19, dropping to 219.9224.

This high-to-low spread represents a total annual volatility of 61.2833 LRD. From a start-to-finish perspective, comparing the January average rate of 270.0481 to the December average rate of 227.4858, the exchange rate registered a net change of -15.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 281.2058 was down 5.87% compared to the 2019 peak of 298.7289, 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 1,406,029 LRD
2019 Average 1,314,222 LRD
Yearly Trough Low 1,099,612 LRD
Transaction Impact: A difference of 306,416.73 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

286.4775
222.1229
JanuMarcMayJulySeptNove

JOD to LRD 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 277.7083, compared to 263.1200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.5883 points.

H1 Avg (Jan–Jun) 277.7083
H2 Avg (Jul–Dec) 263.1200

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 38.1876 LRD (High: 258.1100 / Low: 219.9224). On the other end, August was the most stable month, with a tight range of 0.1526 LRD (High: 281.2058 / Low: 281.0532).

November Spread (Volatile) ±38.1876
August Spread (Stable) ±0.1526

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 39.7261 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -39.7261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 281.1146) against the same month in 2019 (average: 287.2989), the exchange rate shifted by -6.1843 (-2.15%).

2020 Avg (August) 281.1146
2019 Avg (August) 287.2989

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 275.3878 264.5979 270.0481
February 279.8660 275.0353 277.2624
March 279.3372 277.9972 278.9256
April 279.5486 279.0845 279.3751
May 280.1833 279.4428 279.8762
June 281.1002 280.1834 280.7622
July 281.1706 280.9591 281.1055
August 281.2058 281.0532 281.1146
September 281.1706 280.5006 280.8290
October 280.6417 258.1100 273.9556
November 258.1100 219.9224 234.2295
December 231.6408 222.4964 227.4858