YEARLY HIGH
0.0383 JOD
YEARLY LOW
0.0280 JOD
YEARLY AVERAGE
0.0332 JOD

2020 MXN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0383. Conversely, the yearly low was recorded on March 23, dropping to 0.0280.

This high-to-low spread represents a total annual volatility of 0.0103 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0377 to the December average rate of 0.0355, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0383 was up 1.27% compared to the 2019 peak of 0.0378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 1,913 JOD
2019 Average 1,842 JOD
Yearly Trough Low 1,400 JOD
Transaction Impact: A difference of 512.95 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0385
0.0285
JanuMarcMayJulySeptNove

MXN 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 0.0331, compared to 0.0334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0331
H2 Avg (Jul–Dec) 0.0334

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0085 JOD (High: 0.0365 / Low: 0.0280). On the other end, January was the most stable month, with a tight range of 0.0006 JOD (High: 0.0380 / Low: 0.0374).

March Spread (Volatile) ±0.0085
January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0057 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0376) against the same month in 2019 (average: 0.0370), the exchange rate shifted by +0.0006 (+1.72%).

2020 Avg (February) 0.0376
2019 Avg (February) 0.0370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0380 0.0374 0.0377
February 0.0383 0.0361 0.0376
March 0.0365 0.0280 0.0320
April 0.0304 0.0281 0.0293
May 0.0320 0.0285 0.0303
June 0.0330 0.0307 0.0318
July 0.0323 0.0311 0.0317
August 0.0326 0.0313 0.0320
September 0.0339 0.0316 0.0328
October 0.0340 0.0325 0.0334
November 0.0355 0.0332 0.0348
December 0.0359 0.0350 0.0355