YEARLY HIGH
245.3103 LRD
YEARLY LOW
199.6474 LRD
YEARLY AVERAGE
234.5428 LRD

2021 JOD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 245.3103. Conversely, the yearly low was recorded on December 15, dropping to 199.6474.

This high-to-low spread represents a total annual volatility of 45.6629 LRD. From a start-to-finish perspective, comparing the January average rate of 237.3589 to the December average rate of 201.1141, the exchange rate registered a net change of -15.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 245.3103 was down 12.76% compared to the 2020 peak of 281.2058, 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 1,226,551 LRD
2020 Average 1,351,972 LRD
Yearly Trough Low 998,237 LRD
Transaction Impact: A difference of 228,314.34 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

249.1911
196.7434
JanuMarcMayJulySeptNove

JOD to LRD 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 242.1966, compared to 226.8889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.3077 points.

H1 Avg (Jan–Jun) 242.1966
H2 Avg (Jul–Dec) 226.8889

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 27.7857 LRD (High: 241.2906 / Low: 213.5050). On the other end, July was the most stable month, with a tight range of 0.3173 LRD (High: 242.1721 / Low: 241.8548).

October Spread (Volatile) ±27.7857
July Spread (Stable) ±0.3173

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 25.5881 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -25.5881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 244.8204) against the same month in 2020 (average: 278.9256), the exchange rate shifted by -34.1052 (-12.23%).

2021 Avg (March) 244.8204
2020 Avg (March) 278.9256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 241.1848 231.6408 237.3589
February 244.6051 241.1848 243.4392
March 245.3103 244.0056 244.8204
April 244.0761 242.5631 243.4725
May 242.7714 241.9606 242.3186
June 241.9605 241.5374 241.7701
July 242.1721 241.8548 242.0068
August 242.3837 242.0311 242.1653
September 242.5547 241.1848 241.9048
October 241.2906 213.5050 229.8652
November 211.7418 200.2821 204.2771
December 204.6897 199.6474 201.1141