YEARLY HIGH
5606.4880 MGA
YEARLY LOW
5105.7828 MGA
YEARLY AVERAGE
5373.3239 MGA

2020 JOD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 5606.4880. Conversely, the yearly low was recorded on January 4, dropping to 5105.7828.

This high-to-low spread represents a total annual volatility of 500.7052 MGA. From a start-to-finish perspective, comparing the January average rate of 5191.7916 to the December average rate of 5386.0602, the exchange rate registered a net change of 3.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 5606.4880 was up 4.95% compared to the 2019 peak of 5341.8347, 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 28,032,440 MGA
2019 Average 25,619,710 MGA
Yearly Trough Low 25,528,914 MGA
Transaction Impact: A difference of 2,503,526.09 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

5565.1243
5157.8523
JanuMarcMayJulySeptNove

JOD to MGA 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 5293.0657, compared to 5453.5821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 160.5164 points.

H1 Avg (Jan–Jun) 5293.0657
H2 Avg (Jul–Dec) 5453.5821

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 270.1860 MGA (High: 5606.4880 / Low: 5336.3020). On the other end, May was the most stable month, with a tight range of 70.2854 MGA (High: 5396.3495 / Low: 5326.0641).

November Spread (Volatile) ±270.1860
May Spread (Stable) ±70.2854

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 145.1248 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -145.1248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 5531.1850) against the same month in 2019 (average: 5205.3080), the exchange rate shifted by +325.8770 (+6.26%).

2020 Avg (November) 5531.1850
2019 Avg (November) 5205.3080

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5250.1663 5105.7828 5191.7916
February 5265.5703 5116.4432 5224.9211
March 5317.0280 5140.3269 5250.3231
April 5392.6734 5289.1396 5322.4187
May 5396.3495 5326.0641 5372.5033
June 5461.7269 5278.5614 5396.4364
July 5461.3002 5362.4824 5421.9647
August 5436.6068 5344.1467 5412.0533
September 5494.2241 5406.9849 5445.2346
October 5605.0960 5486.0657 5524.9949
November 5606.4880 5336.3020 5531.1850
December 5513.7252 5246.8265 5386.0602