YEARLY HIGH
22.8632 SZL
YEARLY LOW
19.0234 SZL
YEARLY AVERAGE
20.8404 SZL

2021 JOD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 22.8632. Conversely, the yearly low was recorded on June 7, dropping to 19.0234.

This high-to-low spread represents a total annual volatility of 3.8398 SZL. From a start-to-finish perspective, comparing the January average rate of 21.2935 to the December average rate of 22.3920, the exchange rate registered a net change of 5.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 22.8632 was down 15.03% compared to the 2020 peak of 26.9072, 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 114,316 SZL
2020 Average 116,059 SZL
Yearly Trough Low 95,117 SZL
Transaction Impact: A difference of 19,198.91 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

22.6766
19.2617
JanuMarcMayJulySeptNove

JOD to SZL 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 20.5048, compared to 21.1761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6713 points.

H1 Avg (Jan–Jun) 20.5048
H2 Avg (Jul–Dec) 21.1761

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.6492 SZL (High: 22.7898 / Low: 21.1406). On the other end, April was the most stable month, with a tight range of 0.6981 SZL (High: 20.7667 / Low: 20.0686).

November Spread (Volatile) ±1.6492
April Spread (Stable) ±0.6981

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7659 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 22.3920) against the same month in 2020 (average: 21.0199), the exchange rate shifted by +1.3721 (+6.53%).

2021 Avg (December) 22.3920
2020 Avg (December) 21.0199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.8237 20.5691 21.2935
February 21.2763 20.3666 20.8384
March 21.9032 20.7387 21.1367
April 20.7667 20.0686 20.3707
May 20.4029 19.4095 19.8430
June 20.1705 19.0234 19.5463
July 20.9863 20.0000 20.4323
August 21.5935 20.2694 20.8872
September 21.4023 19.8772 20.5109
October 21.4287 20.4135 20.9729
November 22.7898 21.1406 21.8611
December 22.8632 21.9118 22.3920