2021 JOD to CVE Historical Review

YEARLY HIGH

139.4570 CVE

YEARLY LOW

127.1157 CVE

YEARLY AVERAGE

132.0109 CVE

2021 JOD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 139.4570. Conversely, the yearly low was recorded on January 4, dropping to 127.1157.

This high-to-low spread represents a total annual volatility of 12.3413 CVE. From a start-to-finish perspective, comparing the January average rate of 128.3161 to the December average rate of 138.2221, the exchange rate registered a net change of 7.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 139.4570 was down 61.61% compared to the 2020 peak of 363.2652, 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 697,285 CVE

2020 Average 687,886 CVE

Yearly Trough Low 635,578 CVE

Transaction Impact: A difference of 61,706.63 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

139.2127

127.3255

JanuMarcMayJulySeptNove

JOD to CVE 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 129.6437, compared to 134.3780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7343 points.

H1 Avg (Jan–Jun) 129.6437

H2 Avg (Jul–Dec) 134.3780

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 7.7221 CVE (High: 135.1904 / Low: 127.4683). On the other end, December was the most stable month, with a tight range of 1.2729 CVE (High: 138.7518 / Low: 137.4788).

June Spread (Volatile) ±7.7221

December Spread (Stable) ±1.2729

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.0088 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -2.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 136.6826) against the same month in 2020 (average: 131.9281), the exchange rate shifted by +4.7545 (+3.60%).

2021 Avg (November) 136.6826

2020 Avg (November) 131.9281

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	129.0550	127.1157	128.3161
February	130.4302	128.5966	129.1653
March	133.1100	129.4076	131.3028
April	132.6516	128.8594	130.6629
May	130.2398	127.4683	128.6541
June	135.1904	127.4683	129.7610
July	132.9337	131.4213	132.1205
August	133.4626	131.3822	132.2799
September	134.6262	131.2987	132.4350
October	135.1199	133.5684	134.5282
November	139.4570	134.5205	136.6826
December	138.7518	137.4788	138.2221