YEARLY HIGH
1.0086 JOD
YEARLY LOW
0.9365 JOD
YEARLY AVERAGE
0.9754 JOD

2021 FKP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 1.0086. Conversely, the yearly low was recorded on December 20, dropping to 0.9365.

This high-to-low spread represents a total annual volatility of 0.0722 JOD. From a start-to-finish perspective, comparing the January average rate of 0.9672 to the December average rate of 0.9436, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0086 was up 4.05% compared to the 2020 peak of 0.9693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,043 JOD
2020 Average 4,551 JOD
Yearly Trough Low 4,682 JOD
Transaction Impact: A difference of 360.77 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0035
0.9381
JanuMarcMayJulySeptNove

FKP 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 0.9843, compared to 0.9665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 0.9843
H2 Avg (Jul–Dec) 0.9665

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0352 JOD (High: 1.0030 / Low: 0.9678). On the other end, January was the most stable month, with a tight range of 0.0161 JOD (High: 0.9742 / Low: 0.9581).

February Spread (Volatile) ±0.0352
January Spread (Stable) ±0.0161

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0172 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.9981) against the same month in 2020 (average: 0.8719), the exchange rate shifted by +0.1262 (+14.47%).

2021 Avg (May) 0.9981
2020 Avg (May) 0.8719

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9742 0.9581 0.9672
February 1.0030 0.9678 0.9835
March 0.9917 0.9705 0.9825
April 0.9920 0.9718 0.9810
May 1.0086 0.9800 0.9981
June 1.0051 0.9785 0.9935
July 0.9900 0.9666 0.9795
August 0.9874 0.9658 0.9780
September 0.9823 0.9520 0.9742
October 0.9800 0.9603 0.9703
November 0.9709 0.9426 0.9531
December 0.9597 0.9365 0.9436