YEARLY HIGH
0.2144 JOD
YEARLY LOW
0.1935 JOD
YEARLY AVERAGE
0.2030 JOD

2020 PEN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2144. Conversely, the yearly low was recorded on November 16, dropping to 0.1935.

This high-to-low spread represents a total annual volatility of 0.0210 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2132 to the December average rate of 0.1969, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2144 was down 0.75% compared to the 2019 peak of 0.2161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,072 JOD
2019 Average 1,063 JOD
Yearly Trough Low 967 JOD
Transaction Impact: A difference of 104.82 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2149
0.1949
JanuMarcMayJulySeptNove

PEN 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 0.2076, compared to 0.1985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.2076
H2 Avg (Jul–Dec) 0.1985

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0118 JOD (High: 0.2103 / Low: 0.1985). On the other end, December was the most stable month, with a tight range of 0.0019 JOD (High: 0.1978 / Low: 0.1959).

March Spread (Volatile) ±0.0118
December Spread (Stable) ±0.0019

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 February and March, when the average rate fell by 0.0058 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.2132) against the same month in 2019 (average: 0.2123), the exchange rate shifted by +0.0009 (+0.42%).

2020 Avg (January) 0.2132
2019 Avg (January) 0.2123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2144 0.2093 0.2132
February 0.2109 0.2052 0.2091
March 0.2103 0.1985 0.2033
April 0.2105 0.2049 0.2085
May 0.2112 0.2055 0.2075
June 0.2084 0.2005 0.2041
July 0.2028 0.2001 0.2016
August 0.2013 0.1977 0.1992
September 0.2012 0.1969 0.1994
October 0.1983 0.1957 0.1972
November 0.1982 0.1935 0.1965
December 0.1978 0.1959 0.1969