YEARLY HIGH
1.0678 GIP
YEARLY LOW
0.9914 GIP
YEARLY AVERAGE
1.0255 GIP

2021 JOD to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.0678. Conversely, the yearly low was recorded on May 31, dropping to 0.9914.

This high-to-low spread represents a total annual volatility of 0.0764 GIP. From a start-to-finish perspective, comparing the January average rate of 1.0339 to the December average rate of 1.0598, the exchange rate registered a net change of 2.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0678 was down 13.00% compared to the 2020 peak of 1.2274, 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 5,339 GIP
2020 Average 5,499 GIP
Yearly Trough Low 4,957 GIP
Transaction Impact: A difference of 381.95 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0656
0.9962
JanuMarcMayJulySeptNove

JOD to GIP 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: JanтАУJun) was 1.0161, compared to 1.0349 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0188 points.

H1 Avg (JanтАУJun) 1.0161
H2 Avg (JulтАУDec) 1.0349

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0363 GIP (High: 1.0333 / Low: 0.9970). On the other end, January was the most stable month, with a tight range of 0.0173 GIP (High: 1.0438 / Low: 1.0265).

February Spread (Volatile) ┬▒0.0363
January Spread (Stable) ┬▒0.0173

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0174 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.0598) against the same month in 2020 (average: 1.0490), the exchange rate shifted by +0.0109 (+1.04%).

2021 Avg (December) 1.0598
2020 Avg (December) 1.0490

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Month High Low Average
January 1.0438 1.0265 1.0339
February 1.0333 0.9970 1.0169
March 1.0304 1.0083 1.0178
April 1.0290 1.0081 1.0194
May 1.0204 0.9914 1.0020
June 1.0219 0.9950 1.0066
July 1.0345 1.0101 1.0209
August 1.0354 1.0127 1.0225
September 1.0504 1.0180 1.0265
October 1.0413 1.0204 1.0307
November 1.0609 1.0300 1.0492
December 1.0678 1.0420 1.0598