YEARLY HIGH
2.5070 NZD
YEARLY LOW
1.9551 NZD
YEARLY AVERAGE
2.1740 NZD

2020 JOD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 2.5070. Conversely, the yearly low was recorded on December 30, dropping to 1.9551.

This high-to-low spread represents a total annual volatility of 0.5520 NZD. From a start-to-finish perspective, comparing the January average rate of 2.1333 to the December average rate of 1.9878, the exchange rate registered a net change of -6.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5070 was up 10.97% compared to the 2019 peak of 2.2591, 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 12,535 NZD
2019 Average 10,707 NZD
Yearly Trough Low 9,775 NZD
Transaction Impact: A difference of 2,759.93 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3833
1.9519
JanuMarcMayJulySeptNove

JOD to NZD 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 2.2549, compared to 2.0930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1618 points.

H1 Avg (Jan–Jun) 2.2549
H2 Avg (Jul–Dec) 2.0930

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2869 NZD (High: 2.5070 / Low: 2.2201). On the other end, October was the most stable month, with a tight range of 0.0411 NZD (High: 2.1459 / Low: 2.1048).

March Spread (Volatile) ±0.2869
October Spread (Stable) ±0.0411

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 May and June, when the average rate fell by 0.1294 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.3363) against the same month in 2019 (average: 2.0637), the exchange rate shifted by +0.2726 (+13.21%).

2020 Avg (March) 2.3363
2019 Avg (March) 2.0637

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1837 2.0940 2.1333
February 2.2581 2.1724 2.2073
March 2.5070 2.2201 2.3363
April 2.4073 2.2971 2.3473
May 2.3772 2.2736 2.3172
June 2.2454 2.1479 2.1878
July 2.1771 2.1066 2.1412
August 2.1610 2.0915 2.1356
September 2.1558 2.0841 2.1158
October 2.1459 2.1048 2.1247
November 2.1378 2.0054 2.0531
December 2.0100 1.9551 1.9878