2021 JOD to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |