YEARLY HIGH
0.0061 JOD
YEARLY LOW
0.0058 JOD
YEARLY AVERAGE
0.0060 JOD

2021 NPR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0061. Conversely, the yearly low was recorded on December 15, dropping to 0.0058.

This high-to-low spread represents a total annual volatility of 0.0003 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0059, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0061 was down 2.11% compared to the 2020 peak of 0.0063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31 JOD
2020 Average 30 JOD
Yearly Trough Low 29 JOD
Transaction Impact: A difference of 1.66 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0061
0.0059
JanuMarcMayJulySeptNove

NPR 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 0.0060, compared to 0.0060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0060
H2 Avg (Jul–Dec) 0.0060

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0002 JOD (High: 0.0061 / Low: 0.0059). On the other end, July was the most stable month, with a tight range of 0.0000 JOD (High: 0.0060 / Low: 0.0059).

April Spread (Volatile) ±0.0002
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0061) against the same month in 2020 (average: 0.0060), the exchange rate shifted by +0.0001 (+2.23%).

2021 Avg (March) 0.0061
2020 Avg (March) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0061 0.0060 0.0061
February 0.0061 0.0061 0.0061
March 0.0061 0.0060 0.0061
April 0.0061 0.0059 0.0060
May 0.0061 0.0060 0.0061
June 0.0061 0.0060 0.0060
July 0.0060 0.0059 0.0060
August 0.0061 0.0060 0.0060
September 0.0061 0.0060 0.0060
October 0.0060 0.0059 0.0059
November 0.0060 0.0059 0.0060
December 0.0060 0.0058 0.0059