YEARLY HIGH
1.8246 CAD
YEARLY LOW
1.6982 CAD
YEARLY AVERAGE
1.7685 CAD

2021 JOD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.8246. Conversely, the yearly low was recorded on June 2, dropping to 1.6982.

This high-to-low spread represents a total annual volatility of 0.1264 CAD. From a start-to-finish perspective, comparing the January average rate of 1.7952 to the December average rate of 1.8055, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8246 was down 10.79% compared to the 2020 peak of 2.0452, 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 9,123 CAD
2020 Average 9,460 CAD
Yearly Trough Low 8,491 CAD
Transaction Impact: A difference of 631.89 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8150
1.7008
JanuMarcMayJulySeptNove

JOD to CAD 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 1.7598, compared to 1.7772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 1.7598
H2 Avg (Jul–Dec) 1.7772

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0612 CAD (High: 1.7983 / Low: 1.7371). On the other end, January was the most stable month, with a tight range of 0.0285 CAD (High: 1.8097 / Low: 1.7812).

July Spread (Volatile) ±0.0612
January Spread (Stable) ±0.0285

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 0.0531 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0531

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.8055) against the same month in 2020 (average: 1.8067), the exchange rate shifted by -0.0013 (-0.07%).

2021 Avg (December) 1.8055
2020 Avg (December) 1.8067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8097 1.7812 1.7952
February 1.8123 1.7649 1.7912
March 1.7884 1.7474 1.7732
April 1.7793 1.7316 1.7634
May 1.7350 1.6996 1.7103
June 1.7579 1.6982 1.7254
July 1.7983 1.7371 1.7645
August 1.8098 1.7586 1.7775
September 1.8078 1.7679 1.7870
October 1.7837 1.7384 1.7550
November 1.8041 1.7453 1.7741
December 1.8246 1.7824 1.8055