2020 JOD to SCR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JOD to SCR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JOD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 29.9546. Conversely, the yearly low was recorded on March 16, dropping to 17.7290.
This high-to-low spread represents a total annual volatility of 12.2256 SCR. From a start-to-finish perspective, comparing the January average rate of 19.2710 to the December average rate of 29.8978, the exchange rate registered a net change of 55.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 29.9546 was up 50.88% compared to the 2019 peak of 19.8539, 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 SCR 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 21.7064, compared to 26.6893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.9829 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 5.3195 SCR (High: 24.7266 / Low: 19.4071). On the other end, September was the most stable month, with a tight range of 0.1292 SCR (High: 25.3602 / Low: 25.2310).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 29.8978) against the same month in 2019 (average: 19.3202), the exchange rate shifted by +10.5776 (+54.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.3980 | 18.0950 | 19.2710 |
| February | 19.4513 | 18.7425 | 19.2746 |
| March | 19.8895 | 17.7290 | 19.2750 |
| April | 24.7266 | 19.4071 | 23.0951 |
| May | 25.5185 | 22.6966 | 24.5390 |
| June | 25.0668 | 23.7044 | 24.7837 |
| July | 25.2889 | 24.8235 | 24.9061 |
| August | 26.0323 | 25.1043 | 25.1968 |
| September | 25.3602 | 25.2310 | 25.3193 |
| October | 27.2567 | 25.3557 | 26.0825 |
| November | 29.3520 | 27.2540 | 28.7336 |
| December | 29.9546 | 29.3507 | 29.8978 |