YEARLY HIGH
0.1756 JOD
YEARLY LOW
0.1596 JOD
YEARLY AVERAGE
0.1688 JOD

2020 MYR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1756. Conversely, the yearly low was recorded on March 23, dropping to 0.1596.

This high-to-low spread represents a total annual volatility of 0.0160 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1739 to the December average rate of 0.1748, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1756 was up 0.32% compared to the 2019 peak of 0.1751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 3,513 JOD
2019 Average 3,424 JOD
Yearly Trough Low 3,192 JOD
Transaction Impact: A difference of 320.61 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1759
0.1618
JanuMarcMayJulySeptNove

MYR 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 0.1670, compared to 0.1707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.1670
H2 Avg (Jul–Dec) 0.1707

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0108 JOD (High: 0.1704 / Low: 0.1596). On the other end, October was the most stable month, with a tight range of 0.0010 JOD (High: 0.1712 / Low: 0.1702).

March Spread (Volatile) ±0.0108
October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and September, 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 0.0054 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1748) against the same month in 2019 (average: 0.1710), the exchange rate shifted by +0.0038 (+2.20%).

2020 Avg (December) 0.1748
2019 Avg (December) 0.1710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1748 0.1728 0.1739
February 0.1730 0.1674 0.1705
March 0.1704 0.1596 0.1651
April 0.1650 0.1613 0.1630
May 0.1650 0.1625 0.1634
June 0.1668 0.1643 0.1659
July 0.1672 0.1654 0.1662
August 0.1702 0.1672 0.1693
September 0.1723 0.1700 0.1709
October 0.1712 0.1702 0.1708
November 0.1743 0.1701 0.1725
December 0.1756 0.1740 0.1748