YEARLY HIGH
21.8618 MVR
YEARLY LOW
21.6385 MVR
YEARLY AVERAGE
21.7669 MVR

2021 JOD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 21.8618. Conversely, the yearly low was recorded on June 30, dropping to 21.6385.

This high-to-low spread represents a total annual volatility of 0.2233 MVR. From a start-to-finish perspective, comparing the January average rate of 21.7284 to the December average rate of 21.7768, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.8618 was down 0.26% compared to the 2020 peak of 21.9182, 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 109,309 MVR
2020 Average 108,798 MVR
Yearly Trough Low 108,192 MVR
Transaction Impact: A difference of 1,116.59 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

21.8016
21.7218
JanuMarcMayJulySeptNove

JOD to MVR 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 21.7598, compared to 21.7739 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0142 points.

H1 Avg (JanтАУJun) 21.7598
H2 Avg (JulтАУDec) 21.7739

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.2233 MVR (High: 21.8618 / Low: 21.6385). On the other end, January was the most stable month, with a tight range of 0.0424 MVR (High: 21.7630 / Low: 21.7207).

June Spread (Volatile) ┬▒0.2233
January Spread (Stable) ┬▒0.0424

Growth Streaks & Declines

Trends

Between January and April, 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 0.0498 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 21.7440) against the same month in 2020 (average: 21.8245), the exchange rate shifted by -0.0805 (-0.37%).

2021 Avg (May) 21.7440
2020 Avg (May) 21.8245

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 21.7630 21.7207 21.7284
February 21.7704 21.7207 21.7328
March 21.8054 21.7207 21.7746
April 21.8406 21.7207 21.7938
May 21.8618 21.6502 21.7440
June 21.8618 21.6385 21.7850
July 21.7913 21.6855 21.7353
August 21.8195 21.7207 21.7949
September 21.8069 21.7207 21.7724
October 21.8054 21.7207 21.7831
November 21.8054 21.7207 21.7812
December 21.8054 21.7146 21.7768