YEARLY HIGH
2771.0919 MMK
YEARLY LOW
1856.9387 MMK
YEARLY AVERAGE
2273.2285 MMK

2021 JOD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 2771.0919. Conversely, the yearly low was recorded on January 6, dropping to 1856.9387.

This high-to-low spread represents a total annual volatility of 914.1531 MMK. From a start-to-finish perspective, comparing the January average rate of 1876.7972 to the December average rate of 2511.2734, the exchange rate registered a net change of 33.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2771.0919 was up 32.43% compared to the 2020 peak of 2092.4857, 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 13,855,459 MMK
2020 Average 9,702,952 MMK
Yearly Trough Low 9,284,694 MMK
Transaction Impact: A difference of 4,570,765.73 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2741.9126
1798.1504
JanuMarcMayJulySeptNove

JOD to MMK 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 2074.3744, compared to 2472.0826 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 397.7082 points.

H1 Avg (JanтАУJun) 2074.3744
H2 Avg (JulтАУDec) 2472.0826

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 318.7003 MMK (High: 2640.0016 / Low: 2321.3013). On the other end, June was the most stable month, with a tight range of 2.8663 MMK (High: 2323.4954 / Low: 2320.6291).

September Spread (Volatile) ┬▒318.7003
June Spread (Stable) ┬▒2.8663

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 140.8423 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -140.8423

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 2663.2657) against the same month in 2020 (average: 1822.5066), the exchange rate shifted by +840.7592 (+46.13%).

2021 Avg (October) 2663.2657
2020 Avg (October) 1822.5066

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 1886.6136 1856.9387 1876.7972
February 1993.9650 1871.7244 1976.6536
March 1990.6884 1982.6469 1988.3289
April 2197.3333 1982.8354 2029.7060
May 2322.8101 2180.1998 2252.9059
June 2323.4954 2320.6291 2321.8546
July 2322.7787 2314.1892 2320.9051
August 2329.8487 2318.3269 2321.5232
September 2640.0016 2321.3013 2493.1046
October 2771.0919 2531.5302 2663.2657
November 2580.9277 2495.6570 2522.4234
December 2529.4672 2500.0978 2511.2734