YEARLY HIGH
0.1974 JOD
YEARLY LOW
0.1713 JOD
YEARLY AVERAGE
0.1831 JOD

2021 PEN to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.1974. Conversely, the yearly low was recorded on October 2, dropping to 0.1713.

This high-to-low spread represents a total annual volatility of 0.0260 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1955 to the December average rate of 0.1753, the exchange rate registered a net change of -10.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1974 was down 7.97% compared to the 2020 peak of 0.2144, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 987 JOD
2020 Average 1,015 JOD
Yearly Trough Low 857 JOD
Transaction Impact: A difference of 130.20 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1977
0.1703
JanuMarcMayJulySeptNove

PEN 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 0.1904, compared to 0.1758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.1904
H2 Avg (Jul–Dec) 0.1758

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0117 JOD (High: 0.1974 / Low: 0.1856). On the other end, February was the most stable month, with a tight range of 0.0012 JOD (High: 0.1949 / Low: 0.1937).

April Spread (Volatile) ±0.0117
February Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0069 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.1922) against the same month in 2020 (average: 0.2085), the exchange rate shifted by -0.0163 (-7.82%).

2021 Avg (April) 0.1922
2020 Avg (April) 0.2085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1965 0.1943 0.1955
February 0.1949 0.1937 0.1944
March 0.1939 0.1885 0.1913
April 0.1974 0.1856 0.1922
May 0.1938 0.1841 0.1881
June 0.1854 0.1779 0.1812
July 0.1833 0.1781 0.1801
August 0.1807 0.1723 0.1739
September 0.1734 0.1715 0.1726
October 0.1809 0.1713 0.1765
November 0.1775 0.1744 0.1764
December 0.1788 0.1736 0.1753