2020 JOD to MVR Historical Review

YEARLY HIGH

21.9182 MVR

YEARLY LOW

21.6901 MVR

YEARLY AVERAGE

21.7597 MVR

2020 JOD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 21.9182. Conversely, the yearly low was recorded on April 5, dropping to 21.6901.

This high-to-low spread represents a total annual volatility of 0.2281 MVR. From a start-to-finish perspective, comparing the January average rate of 21.7984 to the December average rate of 21.7416, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.9182 was down 0.01% compared to the 2019 peak of 21.9209, 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 109,591 MVR

2019 Average 108,911 MVR

Yearly Trough Low 108,451 MVR

Transaction Impact: A difference of 1,140.27 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.8343

21.7164

JanuMarcMayJulySeptNove

JOD to MVR 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 21.7890, compared to 21.7304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0586 points.

H1 Avg (Jan–Jun) 21.7890

H2 Avg (Jul–Dec) 21.7304

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1975 MVR (High: 21.9182 / Low: 21.7207). On the other end, November was the most stable month, with a tight range of 0.0141 MVR (High: 21.7348 / Low: 21.7207).

March Spread (Volatile) ±0.1975

November Spread (Stable) ±0.0141

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0540 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 21.7878) against the same month in 2019 (average: 21.8020), the exchange rate shifted by -0.0141 (-0.06%).

2020 Avg (March) 21.7878

2019 Avg (March) 21.8020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.8265	21.7795	21.7984
February	21.8851	21.7066	21.7956
March	21.9182	21.7207	21.7878
April	21.8054	21.6901	21.7475
May	21.8649	21.7913	21.8245
June	21.8759	21.7024	21.7802
July	21.7348	21.7207	21.7262
August	21.7351	21.7207	21.7304
September	21.7349	21.7207	21.7283
October	21.7419	21.7207	21.7287
November	21.7348	21.7207	21.7274
December	21.8054	21.7207	21.7416