2020 JOD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JOD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JOD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 1089.5628. Conversely, the yearly low was recorded on March 29, dropping to 1029.2263.
This high-to-low spread represents a total annual volatility of 60.3365 MWK. From a start-to-finish perspective, comparing the January average rate of 1038.4212 to the December average rate of 1082.0018, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1089.5628 was down 2.43% compared to the 2019 peak of 1116.7300, 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 MWK 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 1038.1816, compared to 1060.9392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.7577 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 16.1329 MWK (High: 1079.2889 / Low: 1063.1560). On the other end, May was the most stable month, with a tight range of 7.0810 MWK (High: 1040.9004 / Low: 1033.8194).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.4426 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 1082.0018) against the same month in 2019 (average: 1034.7469), the exchange rate shifted by +47.2550 (+4.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1043.9778 | 1035.7382 | 1038.4212 |
| February | 1040.7476 | 1029.6192 | 1035.9787 |
| March | 1043.7489 | 1029.2263 | 1038.3019 |
| April | 1042.0772 | 1032.8334 | 1037.9742 |
| May | 1040.9004 | 1033.8194 | 1038.3347 |
| June | 1044.6664 | 1036.6714 | 1040.0787 |
| July | 1046.9849 | 1036.4164 | 1039.4786 |
| August | 1057.9474 | 1042.4155 | 1051.6667 |
| September | 1061.8049 | 1051.4408 | 1057.2981 |
| October | 1069.0099 | 1057.8279 | 1063.2328 |
| November | 1079.2889 | 1063.1560 | 1071.9574 |
| December | 1089.5628 | 1075.1023 | 1082.0018 |