2020 JOD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JOD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JOD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 173.5616. Conversely, the yearly low was recorded on January 12, dropping to 159.4986.
This high-to-low spread represents a total annual volatility of 14.0630 NPR. From a start-to-finish perspective, comparing the January average rate of 160.7525 to the December average rate of 166.1701, the exchange rate registered a net change of 3.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 173.5616 was up 6.33% compared to the 2019 peak of 163.2342, 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 NPR 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 167.1771, compared to 167.1167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0604 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 9.2605 NPR (High: 172.2727 / Low: 163.0122). On the other end, November was the most stable month, with a tight range of 1.8768 NPR (High: 168.4952 / Low: 166.6184).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.6028 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 171.8081) against the same month in 2019 (average: 156.8771), the exchange rate shifted by +14.9310 (+9.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 162.0896 | 159.4986 | 160.7525 |
| February | 163.0122 | 160.4710 | 161.2764 |
| March | 172.2727 | 163.0122 | 167.7267 |
| April | 173.5616 | 170.0683 | 171.8081 |
| May | 171.5355 | 168.2859 | 170.5999 |
| June | 171.8166 | 169.5905 | 170.8989 |
| July | 170.6352 | 168.2014 | 169.1051 |
| August | 169.4939 | 165.4015 | 168.2559 |
| September | 166.4611 | 163.9395 | 165.6531 |
| October | 168.2171 | 164.9792 | 165.9531 |
| November | 168.4952 | 166.6184 | 167.5629 |
| December | 166.9623 | 164.8560 | 166.1701 |