2020 JOD to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JOD to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JOD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 72.9901. Conversely, the yearly low was recorded on December 27, dropping to 67.6661.
This high-to-low spread represents a total annual volatility of 5.3240 PHP. From a start-to-finish perspective, comparing the January average rate of 71.6990 to the December average rate of 67.8244, the exchange rate registered a net change of -5.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 72.9901 was down 3.17% compared to the 2019 peak of 75.3820, 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 PHP 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 71.4124, compared to 68.5305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8819 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2.3165 PHP (High: 72.9901 / Low: 70.6736). On the other end, September was the most stable month, with a tight range of 0.3751 PHP (High: 68.6228 / Low: 68.2477).
Growth Streaks & Declines
TrendsNo 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 0.9058 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 71.8146) against the same month in 2019 (average: 74.0519), the exchange rate shifted by -2.2372 (-3.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.0922 | 71.1849 | 71.6990 |
| February | 72.0390 | 71.1950 | 71.6639 |
| March | 72.9901 | 70.6736 | 71.8146 |
| April | 72.0256 | 70.8084 | 71.4474 |
| May | 71.7976 | 70.3949 | 71.2579 |
| June | 71.1550 | 70.0954 | 70.5918 |
| July | 70.2743 | 69.2376 | 69.6859 |
| August | 69.3648 | 68.1521 | 68.7916 |
| September | 68.6228 | 68.2477 | 68.4290 |
| October | 68.6798 | 68.2159 | 68.4081 |
| November | 68.5082 | 67.7462 | 68.0439 |
| December | 68.0585 | 67.6661 | 67.8244 |