YEARLY HIGH
727.2886 SYP
YEARLY LOW
720.4397 SYP
YEARLY AVERAGE
723.9208 SYP

2020 JOD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 727.2886. Conversely, the yearly low was recorded on September 12, dropping to 720.4397.

This high-to-low spread represents a total annual volatility of 6.8489 SYP. From a start-to-finish perspective, comparing the January average rate of 726.3589 to the December average rate of 723.4445, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 727.2886 was down 0.39% compared to the 2019 peak of 730.1540, 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 3,636,443 SYP
2019 Average 3,632,276 SYP
Yearly Trough Low 3,602,198 SYP
Transaction Impact: A difference of 34,244.43 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

726.9414
720.9818
JanuMarcMayJulySeptNove

JOD to SYP 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 725.1526, compared to 722.6891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4635 points.

H1 Avg (Jan–Jun) 725.1526
H2 Avg (Jul–Dec) 722.6891

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 2.4267 SYP (High: 725.8140 / Low: 723.3873). On the other end, February was the most stable month, with a tight range of 0.6819 SYP (High: 726.9011 / Low: 726.2192).

April Spread (Volatile) ±2.4267
February Spread (Stable) ±0.6819

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 1.8542 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 726.0507) against the same month in 2019 (average: 726.3024), the exchange rate shifted by -0.2517 (-0.03%).

2020 Avg (March) 726.0507
2019 Avg (March) 726.3024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 726.8940 724.5490 726.3589
February 726.9011 726.2192 726.4448
March 727.2886 725.2365 726.0507
April 725.8140 723.3873 724.1965
May 724.8584 723.4909 723.9445
June 724.8178 723.2956 723.9202
July 723.9378 721.9694 723.3675
August 722.9916 721.1475 721.8807
September 722.4318 720.4397 721.4784
October 723.5127 721.9226 722.6463
November 723.6955 721.9847 723.3173
December 724.1461 723.0242 723.4445