YEARLY HIGH
0.5115 JOD
YEARLY LOW
0.3989 JOD
YEARLY AVERAGE
0.4612 JOD

2020 NZD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5115. Conversely, the yearly low was recorded on March 22, dropping to 0.3989.

This high-to-low spread represents a total annual volatility of 0.1126 JOD. From a start-to-finish perspective, comparing the January average rate of 0.4688 to the December average rate of 0.5031, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5115 was up 4.26% compared to the 2019 peak of 0.4906, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,557 JOD
2019 Average 2,337 JOD
Yearly Trough Low 1,994 JOD
Transaction Impact: A difference of 563.09 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5108
0.4184
JanuMarcMayJulySeptNove

NZD 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 0.4442, compared to 0.4782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0339 points.

H1 Avg (Jan–Jun) 0.4442
H2 Avg (Jul–Dec) 0.4782

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0516 JOD (High: 0.4504 / Low: 0.3989). On the other end, October was the most stable month, with a tight range of 0.0091 JOD (High: 0.4751 / Low: 0.4660).

March Spread (Volatile) ±0.0516
October Spread (Stable) ±0.0091

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 0.0245 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5031) against the same month in 2019 (average: 0.4681), the exchange rate shifted by +0.0350 (+7.48%).

2020 Avg (December) 0.5031
2019 Avg (December) 0.4681

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4776 0.4579 0.4688
February 0.4603 0.4429 0.4531
March 0.4504 0.3989 0.4286
April 0.4353 0.4154 0.4261
May 0.4398 0.4207 0.4316
June 0.4656 0.4454 0.4571
July 0.4747 0.4593 0.4671
August 0.4781 0.4628 0.4683
September 0.4798 0.4639 0.4727
October 0.4751 0.4660 0.4707
November 0.4986 0.4678 0.4872
December 0.5115 0.4975 0.5031