YEARLY HIGH
59626.2341 IRR
YEARLY LOW
59344.6089 IRR
YEARLY AVERAGE
59461.0804 IRR

2021 JOD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 59626.2341. Conversely, the yearly low was recorded on April 18, dropping to 59344.6089.

This high-to-low spread represents a total annual volatility of 281.6253 IRR. From a start-to-finish perspective, comparing the January average rate of 59394.0195 to the December average rate of 59608.8751, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 59626.2341 was down 36.14% compared to the 2020 peak of 93373.8081, 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 298,131,171 IRR
2020 Average 297,423,952 IRR
Yearly Trough Low 296,723,044 IRR
Transaction Impact: A difference of 1,408,126.27 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

59631.3399
59361.7628
JanuMarcMayJulySeptNove

JOD to IRR 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 59390.5132, compared to 59531.6477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 141.1345 points.

H1 Avg (Jan–Jun) 59390.5132
H2 Avg (Jul–Dec) 59531.6477

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 152.8914 IRR (High: 59539.3303 / Low: 59386.4389). On the other end, December was the most stable month, with a tight range of 35.2609 IRR (High: 59626.2341 / Low: 59590.9732).

January Spread (Volatile) ±152.8914
December Spread (Stable) ±35.2609

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 5.6312 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -5.6312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 59596.0510) against the same month in 2020 (average: 59392.4487), the exchange rate shifted by +203.6023 (+0.34%).

2021 Avg (November) 59596.0510
2020 Avg (November) 59392.4487

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59539.3303 59386.4389 59394.0195
February 59445.1504 59386.4598 59395.3327
March 59437.5884 59386.4598 59389.7016
April 59386.4598 59344.6089 59384.2275
May 59435.8254 59361.3422 59386.4317
June 59473.7587 59386.4598 59393.3660
July 59460.9922 59386.4598 59432.4859
August 59556.6291 59418.1944 59481.2613
September 59589.6826 59478.1384 59528.0084
October 59608.6037 59495.7688 59543.2042
November 59626.2341 59576.8688 59596.0510
December 59626.2341 59590.9732 59608.8751