YEARLY HIGH
2092.4857 MMK
YEARLY LOW
1802.7350 MMK
YEARLY AVERAGE
1940.8987 MMK

2020 JOD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2092.4857. Conversely, the yearly low was recorded on October 11, dropping to 1802.7350.

This high-to-low spread represents a total annual volatility of 289.7507 MMK. From a start-to-finish perspective, comparing the January average rate of 2071.2525 to the December average rate of 1885.9649, the exchange rate registered a net change of -8.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2092.4857 was down 4.26% compared to the 2019 peak of 2185.6688, 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 10,462,429 MMK
2019 Average 10,729,743 MMK
Yearly Trough Low 9,013,675 MMK
Transaction Impact: A difference of 1,448,753.54 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2096.1271
1797.6320
JanuMarcMayJulySeptNove

JOD to MMK 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 2006.8590, compared to 1874.9384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 131.9207 points.

H1 Avg (Jan–Jun) 2006.8590
H2 Avg (Jul–Dec) 1874.9384

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 142.4319 MMK (High: 2026.8121 / Low: 1884.3802). On the other end, May was the most stable month, with a tight range of 32.3503 MMK (High: 1995.1279 / Low: 1962.7776).

March Spread (Volatile) ±142.4319
May Spread (Stable) ±32.3503

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 70.3017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -70.3017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2071.2525) against the same month in 2019 (average: 2159.9238), the exchange rate shifted by -88.6713 (-4.11%).

2020 Avg (January) 2071.2525
2019 Avg (January) 2159.9238

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2092.4857 2057.4339 2071.2525
February 2064.7063 2026.8121 2045.7311
March 2026.8121 1884.3802 1975.4294
April 2045.6103 1964.7252 2003.5185
May 1995.1279 1962.7776 1978.8324
June 1981.3365 1933.9180 1966.3904
July 1959.6873 1918.5856 1930.0453
August 1934.9967 1871.4758 1914.2784
September 1881.8005 1843.0907 1863.9471
October 1842.7405 1802.7350 1822.5066
November 1855.2020 1809.4524 1832.8879
December 1951.8722 1860.4959 1885.9649