YEARLY HIGH
0.0506 JOD
YEARLY LOW
0.0368 JOD
YEARLY AVERAGE
0.0433 JOD

2020 ZAR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0506. Conversely, the yearly low was recorded on April 5, dropping to 0.0368.

This high-to-low spread represents a total annual volatility of 0.0138 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0492 to the December average rate of 0.0477, the exchange rate registered a net change of -3.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0506 was down 5.39% compared to the 2019 peak of 0.0535, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 2,530 JOD
2019 Average 2,456 JOD
Yearly Trough Low 1,842 JOD
Transaction Impact: A difference of 688.19 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0503
0.0370
JanuMarcMayJulySeptNove

ZAR 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 0.0429, compared to 0.0437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0429
H2 Avg (Jul–Dec) 0.0437

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0069 JOD (High: 0.0464 / Low: 0.0396). On the other end, October was the most stable month, with a tight range of 0.0014 JOD (High: 0.0438 / Low: 0.0424).

March Spread (Volatile) ±0.0069
October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0045 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0492) against the same month in 2019 (average: 0.0513), the exchange rate shifted by -0.0021 (-4.08%).

2020 Avg (January) 0.0492
2019 Avg (January) 0.0513

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0506 0.0472 0.0492
February 0.0480 0.0452 0.0471
March 0.0464 0.0396 0.0426
April 0.0393 0.0368 0.0381
May 0.0408 0.0375 0.0391
June 0.0429 0.0407 0.0414
July 0.0432 0.0413 0.0423
August 0.0428 0.0401 0.0412
September 0.0439 0.0413 0.0424
October 0.0438 0.0424 0.0431
November 0.0469 0.0436 0.0457
December 0.0488 0.0464 0.0477