YEARLY HIGH
2073.0752 IQD
YEARLY LOW
2042.3243 IQD
YEARLY AVERAGE
2059.4263 IQD

2021 JOD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 2073.0752. Conversely, the yearly low was recorded on May 8, dropping to 2042.3243.

This high-to-low spread represents a total annual volatility of 30.7509 IQD. From a start-to-finish perspective, comparing the January average rate of 2062.4234 to the December average rate of 2059.4582, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2073.0752 was up 0.55% compared to the 2020 peak of 2061.7167, 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 10,365,376 IQD
2020 Average 8,445,075 IQD
Yearly Trough Low 10,211,621 IQD
Transaction Impact: A difference of 153,754.46 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2062.9117
2057.0529
JanuMarcMayJulySeptNove

JOD to IQD 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 2060.2706, compared to 2058.5820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6886 points.

H1 Avg (Jan–Jun) 2060.2706
H2 Avg (Jul–Dec) 2058.5820

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 30.7509 IQD (High: 2073.0752 / Low: 2042.3243). On the other end, September was the most stable month, with a tight range of 2.6418 IQD (High: 2060.2257 / Low: 2057.5839).

May Spread (Volatile) ±30.7509
September Spread (Stable) ±2.6418

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 1.8424 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2059.9514) against the same month in 2020 (average: 1678.9361), the exchange rate shifted by +381.0153 (+22.69%).

2021 Avg (May) 2059.9514
2020 Avg (May) 1678.9361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2070.8432 2058.2867 2062.4234
February 2064.8030 2057.2379 2060.6740
March 2062.7645 2053.7912 2060.3603
April 2062.7645 2051.0643 2058.8308
May 2073.0752 2042.3243 2059.9514
June 2062.7645 2058.2261 2059.3836
July 2059.9436 2051.2722 2057.5411
August 2065.1689 2054.9445 2058.4639
September 2060.2257 2057.5839 2058.9866
October 2059.4701 2055.9314 2058.7274
November 2060.8858 2055.9018 2058.3150
December 2072.8490 2052.0468 2059.4582