YEARLY HIGH
0.0079 JOD
YEARLY LOW
0.0072 JOD
YEARLY AVERAGE
0.0076 JOD

2021 CVE to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0079. Conversely, the yearly low was recorded on November 25, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0007 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0078 to the December average rate of 0.0072, the exchange rate registered a net change of -7.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0079 was down 0.07% compared to the 2020 peak of 0.0079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39 JOD
2020 Average 37 JOD
Yearly Trough Low 36 JOD
Transaction Impact: A difference of 3.48 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0078
0.0072
JanuMarcMayJulySeptNove

CVE 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 0.0077, compared to 0.0074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0077
H2 Avg (Jul–Dec) 0.0074

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0004 JOD (High: 0.0078 / Low: 0.0074). On the other end, December was the most stable month, with a tight range of 0.0001 JOD (High: 0.0073 / Low: 0.0072).

June Spread (Volatile) ±0.0004
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0078) against the same month in 2020 (average: 0.0071), the exchange rate shifted by +0.0007 (+9.55%).

2021 Avg (January) 0.0078
2020 Avg (January) 0.0071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0079 0.0077 0.0078
February 0.0078 0.0077 0.0077
March 0.0077 0.0075 0.0076
April 0.0078 0.0075 0.0077
May 0.0078 0.0077 0.0078
June 0.0078 0.0074 0.0077
July 0.0076 0.0075 0.0076
August 0.0076 0.0075 0.0076
September 0.0076 0.0074 0.0076
October 0.0075 0.0074 0.0074
November 0.0074 0.0072 0.0073
December 0.0073 0.0072 0.0072