YEARLY HIGH
107.4917 INR
YEARLY LOW
102.0885 INR
YEARLY AVERAGE
104.2645 INR

2021 JOD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 107.4917. Conversely, the yearly low was recorded on March 22, dropping to 102.0885.

This high-to-low spread represents a total annual volatility of 5.4032 INR. From a start-to-finish perspective, comparing the January average rate of 103.1222 to the December average rate of 106.3638, the exchange rate registered a net change of 3.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 107.4917 was down 0.99% compared to the 2020 peak of 108.5612, 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 537,459 INR
2020 Average 522,819 INR
Yearly Trough Low 510,443 INR
Transaction Impact: A difference of 27,016.19 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

106.7343
102.2885
JanuMarcMayJulySeptNove

JOD to INR 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 103.4377, compared to 105.0913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6536 points.

H1 Avg (Jan–Jun) 103.4377
H2 Avg (Jul–Dec) 105.0913

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.0602 INR (High: 106.4167 / Low: 103.3565). On the other end, January was the most stable month, with a tight range of 0.8630 INR (High: 103.6936 / Low: 102.8305).

April Spread (Volatile) ±3.0602
January Spread (Stable) ±0.8630

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.8082 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 106.3638) against the same month in 2020 (average: 103.9039), the exchange rate shifted by +2.4600 (+2.37%).

2021 Avg (December) 106.3638
2020 Avg (December) 103.9039

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 103.6936 102.8305 103.1222
February 103.9405 102.0908 102.7390
March 103.5903 102.0885 102.6590
April 106.4167 103.3565 105.0398
May 104.4629 102.1068 103.2316
June 104.8963 102.6934 103.8348
July 105.7737 104.7281 105.1104
August 105.0658 102.9576 104.5347
September 104.8273 102.9413 103.8129
October 106.4657 104.5871 105.6747
November 105.8606 104.2578 105.0515
December 107.4917 104.9837 106.3638