YEARLY HIGH
0.0128 JOD
YEARLY LOW
0.0094 JOD
YEARLY AVERAGE
0.0109 JOD

2021 MZN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0128. Conversely, the yearly low was recorded on February 10, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0034 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0095 to the December average rate of 0.0111, the exchange rate registered a net change of 17.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0128 was up 10.80% compared to the 2020 peak of 0.0115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MZN based on timing:

Yearly Peak High 64 JOD
2020 Average 51 JOD
Yearly Trough Low 47 JOD
Transaction Impact: A difference of 16.83 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0122
0.0092
JanuMarcMayJulySeptNove

MZN to JOD 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 0.0106, compared to 0.0111 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0005 points.

H1 Avg (JanтАУJun) 0.0106
H2 Avg (JulтАУDec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0022 JOD (High: 0.0128 / Low: 0.0106). On the other end, October was the most stable month, with a tight range of 0.0000 JOD (High: 0.0111 / Low: 0.0111).

April Spread (Volatile) ┬▒0.0022
October Spread (Stable) ┬▒0.0000

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0119) against the same month in 2020 (average: 0.0105), the exchange rate shifted by +0.0014 (+12.84%).

2021 Avg (April) 0.0119
2020 Avg (April) 0.0105

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 0.0095 0.0094 0.0095
February 0.0095 0.0094 0.0094
March 0.0103 0.0095 0.0098
April 0.0128 0.0106 0.0119
May 0.0123 0.0116 0.0120
June 0.0116 0.0112 0.0113
July 0.0112 0.0111 0.0112
August 0.0111 0.0111 0.0111
September 0.0111 0.0111 0.0111
October 0.0111 0.0111 0.0111
November 0.0111 0.0111 0.0111
December 0.0111 0.0110 0.0111