YEARLY HIGH
0.0865 JOD
YEARLY LOW
0.0678 JOD
YEARLY AVERAGE
0.0772 JOD

2020 SEK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0865. Conversely, the yearly low was recorded on March 22, dropping to 0.0678.

This high-to-low spread represents a total annual volatility of 0.0186 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0746 to the December average rate of 0.0849, the exchange rate registered a net change of 13.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0865 was up 8.03% compared to the 2019 peak of 0.0800, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 432 JOD
2019 Average 375 JOD
Yearly Trough Low 339 JOD
Transaction Impact: A difference of 93.20 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0863
0.0693
JanuMarcMayJulySeptNove

SEK 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 0.0733, compared to 0.0812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.0733
H2 Avg (Jul–Dec) 0.0812

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0077 JOD (High: 0.0756 / Low: 0.0678). On the other end, February was the most stable month, with a tight range of 0.0017 JOD (High: 0.0740 / Low: 0.0722).

March Spread (Volatile) ±0.0077
February Spread (Stable) ±0.0017

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 0.0014 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0849) against the same month in 2019 (average: 0.0752), the exchange rate shifted by +0.0096 (+12.82%).

2020 Avg (December) 0.0849
2019 Avg (December) 0.0752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0759 0.0735 0.0746
February 0.0740 0.0722 0.0732
March 0.0756 0.0678 0.0722
April 0.0726 0.0696 0.0708
May 0.0752 0.0715 0.0729
June 0.0776 0.0748 0.0761
July 0.0816 0.0760 0.0784
August 0.0822 0.0805 0.0813
September 0.0817 0.0776 0.0802
October 0.0811 0.0792 0.0803
November 0.0834 0.0795 0.0821
December 0.0865 0.0835 0.0849