YEARLY HIGH
1.2590 EUR
YEARLY LOW
1.1431 EUR
YEARLY AVERAGE
1.1928 EUR

2021 JOD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.2590. Conversely, the yearly low was recorded on January 6, dropping to 1.1431.

This high-to-low spread represents a total annual volatility of 0.1158 EUR. From a start-to-finish perspective, comparing the January average rate of 1.1593 to the December average rate of 1.2476, the exchange rate registered a net change of 7.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2590 was down 4.89% compared to the 2020 peak of 1.3237, 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 6,295 EUR
2020 Average 6,185 EUR
Yearly Trough Low 5,716 EUR
Transaction Impact: A difference of 579.15 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2564
1.1505
JanuMarcMayJulySeptNove

JOD to EUR 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 1.1706, compared to 1.2150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0444 points.

H1 Avg (Jan–Jun) 1.1706
H2 Avg (Jul–Dec) 1.2150

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0446 EUR (High: 1.2590 / Low: 1.2143). On the other end, July was the most stable month, with a tight range of 0.0121 EUR (High: 1.1982 / Low: 1.1861).

November Spread (Volatile) ±0.0446
July Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0180 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.2369) against the same month in 2020 (average: 1.1907), the exchange rate shifted by +0.0462 (+3.88%).

2021 Avg (November) 1.2369
2020 Avg (November) 1.1907

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1689 1.1431 1.1593
February 1.1786 1.1589 1.1664
March 1.2031 1.1671 1.1854
April 1.1994 1.1623 1.1792
May 1.1746 1.1515 1.1612
June 1.1894 1.1544 1.1720
July 1.1982 1.1861 1.1926
August 1.2079 1.1878 1.1984
September 1.2186 1.1875 1.1983
October 1.2232 1.2073 1.2162
November 1.2590 1.2143 1.2369
December 1.2552 1.2397 1.2476