YEARLY HIGH
0.0798 JOD
YEARLY LOW
0.0688 JOD
YEARLY AVERAGE
0.0748 JOD

2020 MAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0798. Conversely, the yearly low was recorded on April 6, dropping to 0.0688.

This high-to-low spread represents a total annual volatility of 0.0110 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0738 to the December average rate of 0.0789, the exchange rate registered a net change of 6.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0798 was up 6.19% compared to the 2019 peak of 0.0751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MAD based on timing:

Yearly Peak High 399 JOD
2019 Average 369 JOD
Yearly Trough Low 344 JOD
Transaction Impact: A difference of 54.84 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0798
0.0691
JanuMarcMayJulySeptNove

MAD to JOD 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 0.0726, compared to 0.0769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0726
H2 Avg (Jul–Dec) 0.0769

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0051 JOD (High: 0.0752 / Low: 0.0702). On the other end, January was the most stable month, with a tight range of 0.0006 JOD (High: 0.0741 / Low: 0.0735).

March Spread (Volatile) ±0.0051
January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0033 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0789) against the same month in 2019 (average: 0.0737), the exchange rate shifted by +0.0052 (+7.11%).

2020 Avg (December) 0.0789
2019 Avg (December) 0.0737

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0741 0.0735 0.0738
February 0.0738 0.0728 0.0733
March 0.0752 0.0702 0.0732
April 0.0717 0.0688 0.0700
May 0.0725 0.0715 0.0720
June 0.0736 0.0725 0.0732
July 0.0761 0.0730 0.0742
August 0.0775 0.0758 0.0768
September 0.0778 0.0763 0.0769
October 0.0775 0.0766 0.0770
November 0.0782 0.0767 0.0776
December 0.0798 0.0762 0.0789