YEARLY HIGH
0.0115 JOD
YEARLY LOW
0.0094 JOD
YEARLY AVERAGE
0.0102 JOD

2020 MZN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0115. Conversely, the yearly low was recorded on December 20, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0021 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0113 to the December average rate of 0.0095, the exchange rate registered a net change of -16.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0115 was down 5.55% compared to the 2019 peak of 0.0122, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58 JOD
2019 Average 57 JOD
Yearly Trough Low 47 JOD
Transaction Impact: A difference of 10.47 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0115
0.0093
JanuMarcMayJulySeptNove

MZN 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 0.0107, compared to 0.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0107
H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0004 JOD (High: 0.0115 / Low: 0.0111). On the other end, September was the most stable month, with a tight range of 0.0001 JOD (High: 0.0099 / Low: 0.0098).

January Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0113) against the same month in 2019 (average: 0.0115), the exchange rate shifted by -0.0002 (-1.57%).

2020 Avg (January) 0.0113
2019 Avg (January) 0.0115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0115 0.0111 0.0113
February 0.0111 0.0109 0.0110
March 0.0109 0.0106 0.0107
April 0.0106 0.0105 0.0105
May 0.0105 0.0102 0.0103
June 0.0102 0.0101 0.0102
July 0.0101 0.0100 0.0101
August 0.0100 0.0099 0.0100
September 0.0099 0.0098 0.0099
October 0.0098 0.0097 0.0097
November 0.0097 0.0096 0.0096
December 0.0096 0.0094 0.0095