YEARLY HIGH
0.1958 JOD
YEARLY LOW
0.1915 JOD
YEARLY AVERAGE
0.1946 JOD

2021 QAR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.1958. Conversely, the yearly low was recorded on August 2, dropping to 0.1915.

This high-to-low spread represents a total annual volatility of 0.0043 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1946 to the December average rate of 0.1947, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1958 was up 0.33% compared to the 2020 peak of 0.1952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 979 JOD
2020 Average 974 JOD
Yearly Trough Low 957 JOD
Transaction Impact: A difference of 21.51 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1949
0.1937
JanuMarcMayJulySeptNove

QAR 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 0.1947, compared to 0.1944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1947
H2 Avg (Jul–Dec) 0.1944

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0036 JOD (High: 0.1958 / Low: 0.1922). On the other end, February was the most stable month, with a tight range of 0.0003 JOD (High: 0.1948 / Low: 0.1945).

September Spread (Volatile) ±0.0036
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.1942) against the same month in 2020 (average: 0.1947), the exchange rate shifted by -0.0005 (-0.26%).

2021 Avg (September) 0.1942
2020 Avg (September) 0.1947

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1948 0.1938 0.1946
February 0.1948 0.1945 0.1947
March 0.1947 0.1942 0.1947
April 0.1954 0.1946 0.1948
May 0.1950 0.1940 0.1947
June 0.1947 0.1940 0.1947
July 0.1948 0.1916 0.1944
August 0.1948 0.1915 0.1938
September 0.1958 0.1922 0.1942
October 0.1948 0.1934 0.1947
November 0.1947 0.1937 0.1947
December 0.1949 0.1943 0.1947