YEARLY HIGH
35.0959 HNL
YEARLY LOW
33.4406 HNL
YEARLY AVERAGE
34.0025 HNL

2021 JOD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 35.0959. Conversely, the yearly low was recorded on July 24, dropping to 33.4406.

This high-to-low spread represents a total annual volatility of 1.6553 HNL. From a start-to-finish perspective, comparing the January average rate of 34.1977 to the December average rate of 34.2509, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 35.0959 was down 1.67% compared to the 2020 peak of 35.6911, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175,480 HNL
2020 Average 174,441 HNL
Yearly Trough Low 167,203 HNL
Transaction Impact: A difference of 8,276.73 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

34.3213
33.4772
JanuMarcMayJulySeptNove

JOD to HNL 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 34.0695, compared to 33.9355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1340 points.

H1 Avg (Jan–Jun) 34.0695
H2 Avg (Jul–Dec) 33.9355

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 1.1443 HNL (High: 35.0959 / Low: 33.9516). On the other end, November was the most stable month, with a tight range of 0.1275 HNL (High: 34.1184 / Low: 33.9908).

January Spread (Volatile) ±1.1443
November Spread (Stable) ±0.1275

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 June and July, when the average rate fell by 0.2501 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2501

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 34.1977) against the same month in 2020 (average: 34.9594), the exchange rate shifted by -0.7617 (-2.18%).

2021 Avg (January) 34.1977
2020 Avg (January) 34.9594

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.0959 33.9516 34.1977
February 34.3300 33.9647 34.1959
March 34.3441 33.8853 34.1474
April 34.0477 33.7978 33.9721
May 34.0621 33.6828 33.9796
June 34.0293 33.7219 33.9244
July 33.8505 33.4406 33.6742
August 33.7815 33.4504 33.5476
September 34.1678 33.6766 33.9915
October 34.1678 33.9269 34.0734
November 34.1184 33.9908 34.0754
December 34.4521 34.0437 34.2509