YEARLY HIGH
173.5616 NPR
YEARLY LOW
159.4986 NPR
YEARLY AVERAGE
167.1469 NPR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 867,808 NPR
2019 Average 793,890 NPR
Yearly Trough Low 797,493 NPR
Transaction Impact: A difference of 70,314.84 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

172.9137
159.6469
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 167.1771
H2 Avg (Jul–Dec) 167.1167

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±9.2605
November Spread (Stable) ±1.8768

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.6028

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (April) 171.8081
2019 Avg (April) 156.8771

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