YEARLY HIGH
0.1952 JOD
YEARLY LOW
0.1932 JOD
YEARLY AVERAGE
0.1947 JOD

2020 QAR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.1952. Conversely, the yearly low was recorded on May 25, dropping to 0.1932.

This high-to-low spread represents a total annual volatility of 0.0020 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1947 to the December average rate of 0.1947, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1952 was down 0.19% compared to the 2019 peak of 0.1955, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 976 JOD
2019 Average 974 JOD
Yearly Trough Low 966 JOD
Transaction Impact: A difference of 9.77 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1947
0.1947
JanuMarcMayJulySeptNove

QAR 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 0.1947, compared to 0.1947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1947
H2 Avg (Jul–Dec) 0.1947

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0018 JOD (High: 0.1950 / Low: 0.1932). On the other end, July was the most stable month, with a tight range of 0.0001 JOD (High: 0.1947 / Low: 0.1947).

May Spread (Volatile) ±0.0018
July 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1947) against the same month in 2019 (average: 0.1947), the exchange rate shifted by +0.0000 (+0.00%).

2020 Avg (March) 0.1947
2019 Avg (March) 0.1947

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1948 0.1946 0.1947
February 0.1948 0.1946 0.1947
March 0.1952 0.1945 0.1947
April 0.1949 0.1947 0.1947
May 0.1950 0.1932 0.1947
June 0.1949 0.1947 0.1947
July 0.1947 0.1947 0.1947
August 0.1949 0.1942 0.1947
September 0.1948 0.1947 0.1947
October 0.1949 0.1947 0.1947
November 0.1947 0.1947 0.1947
December 0.1947 0.1942 0.1947