2020 JOD to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JOD to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JOD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 26.3038. Conversely, the yearly low was recorded on August 10, dropping to 23.1562.
This high-to-low spread represents a total annual volatility of 3.1475 MDL. From a start-to-finish perspective, comparing the January average rate of 24.5057 to the December average rate of 24.2524, the exchange rate registered a net change of -1.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 26.3038 was up 2.29% compared to the 2019 peak of 25.7145, 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 MDL 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 24.8163, compared to 23.8218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9945 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 1.4698 MDL (High: 26.3038 / Low: 24.8339). On the other end, November was the most stable month, with a tight range of 0.3600 MDL (High: 24.3309 / Low: 23.9709).
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 May and June, when the average rate fell by 0.7515 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 25.5663) against the same month in 2019 (average: 24.8996), the exchange rate shifted by +0.6667 (+2.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.9477 | 24.1122 | 24.5057 |
| February | 25.1259 | 24.3033 | 24.7641 |
| March | 25.6072 | 24.2992 | 24.9088 |
| April | 26.3038 | 24.8339 | 25.5663 |
| May | 25.2858 | 24.6280 | 24.9520 |
| June | 24.5615 | 23.9018 | 24.2006 |
| July | 24.3327 | 23.3344 | 23.9066 |
| August | 23.5361 | 23.1562 | 23.3304 |
| September | 23.7889 | 23.2249 | 23.4461 |
| October | 24.1038 | 23.6712 | 23.8520 |
| November | 24.3309 | 23.9709 | 24.1434 |
| December | 24.4487 | 24.0711 | 24.2524 |