2021 JOD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 JOD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the JOD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 350476.2232. Conversely, the yearly low was recorded on April 18, dropping to 1.4094.
This high-to-low spread represents a total annual volatility of 350474.8137 VEF. From a start-to-finish perspective, comparing the January average rate of 33918.3279 to the December average rate of 1.4104, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 350476.2232 was down 0.10% compared to the 2020 peak of 350822.5925, 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 VEF 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 5654.2300, compared to 1.4105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5652.8196 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 350474.8128 VEF (High: 350476.2232 / Low: 1.4104). On the other end, November was the most stable month, with a tight range of 0.0000 VEF (High: 1.4104 / Low: 1.4104).
Growth Streaks & Declines
TrendsBetween April and July, 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 January and February, when the average rate fell by 33916.9172 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 33918.3279) against the same month in 2020 (average: 350484.2018), the exchange rate shifted by -316565.8739 (-90.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 350476.2232 | 1.4104 | 33918.3279 |
| February | 1.4118 | 1.4104 | 1.4107 |
| March | 1.4104 | 1.4104 | 1.4104 |
| April | 1.4104 | 1.4094 | 1.4104 |
| May | 1.4104 | 1.4098 | 1.4104 |
| June | 1.4108 | 1.4104 | 1.4105 |
| July | 1.4110 | 1.4104 | 1.4105 |
| August | 1.4104 | 1.4104 | 1.4104 |
| September | 1.4114 | 1.4104 | 1.4105 |
| October | 1.4104 | 1.4104 | 1.4104 |
| November | 1.4104 | 1.4104 | 1.4104 |
| December | 1.4112 | 1.4100 | 1.4104 |