2021 NOK to JOD Historical Review

YEARLY HIGH

0.0867 JOD

YEARLY LOW

0.0772 JOD

YEARLY AVERAGE

0.0825 JOD

2021 NOK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.0867. Conversely, the yearly low was recorded on December 4, dropping to 0.0772.

This high-to-low spread represents a total annual volatility of 0.0095 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0832 to the December average rate of 0.0790, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0867 was up 4.41% compared to the 2020 peak of 0.0831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 434 JOD

2020 Average 378 JOD

Yearly Trough Low 386 JOD

Transaction Impact: A difference of 47.71 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0860

0.0784

JanuMarcMayJulySeptNove

NOK 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: Jan–Jun) was 0.0839, compared to 0.0811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0839

H2 Avg (Jul–Dec) 0.0811

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0060 JOD (High: 0.0842 / Low: 0.0781). On the other end, September was the most stable month, with a tight range of 0.0019 JOD (High: 0.0828 / Low: 0.0808).

November Spread (Volatile) ±0.0060

September Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0845) against the same month in 2020 (average: 0.0681), the exchange rate shifted by +0.0164 (+24.11%).

2021 Avg (April) 0.0845

2020 Avg (April) 0.0681

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0844	0.0818	0.0832
February	0.0847	0.0819	0.0833
March	0.0844	0.0819	0.0832
April	0.0867	0.0831	0.0845
May	0.0864	0.0844	0.0853
June	0.0858	0.0817	0.0841
July	0.0828	0.0787	0.0808
August	0.0818	0.0784	0.0801
September	0.0828	0.0808	0.0818
October	0.0852	0.0821	0.0838
November	0.0842	0.0781	0.0809
December	0.0808	0.0772	0.0790