YEARLY HIGH
22.9534 ZAR
YEARLY LOW
18.9334 ZAR
YEARLY AVERAGE
20.8605 ZAR

2021 JOD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 22.9534. Conversely, the yearly low was recorded on June 6, dropping to 18.9334.

This high-to-low spread represents a total annual volatility of 4.0200 ZAR. From a start-to-finish perspective, comparing the January average rate of 21.3236 to the December average rate of 22.3972, the exchange rate registered a net change of 5.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 22.9534 was down 15.43% compared to the 2020 peak of 27.1410, 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 114,767 ZAR
2020 Average 116,145 ZAR
Yearly Trough Low 94,667 ZAR
Transaction Impact: A difference of 20,100.00 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

22.6728
19.3657
JanuMarcMayJulySeptNove

JOD to ZAR 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 20.5180, compared to 21.2029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6849 points.

H1 Avg (Jan–Jun) 20.5180
H2 Avg (Jul–Dec) 21.2029

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.9114 ZAR (High: 22.9534 / Low: 21.0420). On the other end, April was the most stable month, with a tight range of 0.6975 ZAR (High: 20.6779 / Low: 19.9804).

November Spread (Volatile) ±1.9114
April Spread (Stable) ±0.6975

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.7917 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7917

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 21.9445) against the same month in 2020 (average: 21.8931), the exchange rate shifted by +0.0515 (+0.24%).

2021 Avg (November) 21.9445
2020 Avg (November) 21.8931

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.8879 20.6692 21.3236
February 21.3189 20.3795 20.8349
March 21.9102 20.6502 21.1375
April 20.6779 19.9804 20.3457
May 20.4359 19.3543 19.8252
June 20.2435 18.9334 19.6413
July 20.9384 19.9994 20.4618
August 21.6113 20.1926 20.8661
September 21.4012 19.9518 20.5639
October 21.5051 20.3235 20.9841
November 22.9534 21.0420 21.9445
December 22.7605 21.9188 22.3972