YEARLY HIGH
2.1013 NZD
YEARLY LOW
1.8950 NZD
YEARLY AVERAGE
1.9949 NZD

2021 JOD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.1013. Conversely, the yearly low was recorded on February 24, dropping to 1.8950.

This high-to-low spread represents a total annual volatility of 0.2063 NZD. From a start-to-finish perspective, comparing the January average rate of 1.9632 to the December average rate of 2.0787, the exchange rate registered a net change of 5.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1013 was down 16.18% compared to the 2020 peak of 2.5070, 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 10,506 NZD
2020 Average 10,869 NZD
Yearly Trough Low 9,475 NZD
Transaction Impact: A difference of 1,031.52 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.0919
1.9339
JanuMarcMayJulySeptNove

JOD to NZD 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 1.9680, compared to 2.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0536 points.

H1 Avg (Jan–Jun) 1.9680
H2 Avg (Jul–Dec) 2.0217

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1033 NZD (High: 2.0682 / Low: 1.9649). On the other end, May was the most stable month, with a tight range of 0.0364 NZD (High: 1.9696 / Low: 1.9332).

November Spread (Volatile) ±0.1033
May Spread (Stable) ±0.0364

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0286 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.0787) against the same month in 2020 (average: 1.9878), the exchange rate shifted by +0.0909 (+4.57%).

2021 Avg (December) 2.0787
2020 Avg (December) 1.9878

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9917 1.9309 1.9632
February 1.9704 1.8950 1.9470
March 2.0250 1.9341 1.9780
April 2.0113 1.9401 1.9807
May 1.9696 1.9332 1.9521
June 2.0336 1.9448 1.9874
July 2.0375 2.0003 2.0183
August 2.0683 2.0003 2.0220
September 2.0526 1.9735 1.9984
October 2.0391 1.9595 1.9993
November 2.0682 1.9649 2.0133
December 2.1013 2.0609 2.0787