2020 JOD to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JOD to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JOD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 27.1410. Conversely, the yearly low was recorded on January 1, dropping to 19.7595.
This high-to-low spread represents a total annual volatility of 7.3814 ZAR. From a start-to-finish perspective, comparing the January average rate of 20.3197 to the December average rate of 20.9767, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 27.1410 was up 24.46% compared to the 2019 peak of 21.8071, 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 ZAR 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 23.5234, compared to 22.9293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5941 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 3.7380 ZAR (High: 25.2687 / Low: 21.5307). On the other end, October was the most stable month, with a tight range of 0.7338 ZAR (High: 23.5839 / Low: 22.8501).
Growth Streaks & Declines
TrendsBetween 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 1.4678 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 26.2684) against the same month in 2019 (average: 19.9531), the exchange rate shifted by +6.3153 (+31.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.1812 | 19.7595 | 20.3197 |
| February | 22.1102 | 20.8154 | 21.2354 |
| March | 25.2687 | 21.5307 | 23.5523 |
| April | 27.1410 | 25.4316 | 26.2684 |
| May | 26.6838 | 24.4846 | 25.6162 |
| June | 24.5814 | 23.3075 | 24.1484 |
| July | 24.2166 | 23.1377 | 23.6491 |
| August | 24.9526 | 23.3750 | 24.2885 |
| September | 24.1926 | 22.8040 | 23.5860 |
| October | 23.5839 | 22.8501 | 23.1824 |
| November | 22.9578 | 21.3444 | 21.8931 |
| December | 21.5666 | 20.4979 | 20.9767 |