YEARLY HIGH
0.1791 JOD
YEARLY LOW
0.1558 JOD
YEARLY AVERAGE
0.1673 JOD

2020 RON to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RON to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1791. Conversely, the yearly low was recorded on March 19, dropping to 0.1558.

This high-to-low spread represents a total annual volatility of 0.0233 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1647 to the December average rate of 0.1772, the exchange rate registered a net change of 7.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1791 was up 2.08% compared to the 2019 peak of 0.1755, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 896 JOD
2019 Average 836 JOD
Yearly Trough Low 779 JOD
Transaction Impact: A difference of 116.40 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1790
0.1576
JanuMarcMayJulySeptNove

RON 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 0.1622, compared to 0.1724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.1622
H2 Avg (Jul–Dec) 0.1724

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0118 JOD (High: 0.1676 / Low: 0.1558). On the other end, October was the most stable month, with a tight range of 0.0028 JOD (High: 0.1727 / Low: 0.1698).

March Spread (Volatile) ±0.0118
October Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1772) against the same month in 2019 (average: 0.1649), the exchange rate shifted by +0.0123 (+7.45%).

2020 Avg (December) 0.1772
2019 Avg (December) 0.1649

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1662 0.1634 0.1647
February 0.1645 0.1595 0.1619
March 0.1676 0.1558 0.1623
April 0.1612 0.1578 0.1593
May 0.1626 0.1582 0.1600
June 0.1668 0.1624 0.1649
July 0.1742 0.1647 0.1679
August 0.1751 0.1721 0.1734
September 0.1746 0.1690 0.1719
October 0.1727 0.1698 0.1712
November 0.1740 0.1696 0.1724
December 0.1791 0.1757 0.1772