2020 JOD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |