YEARLY HIGH
0.1796 JOD
YEARLY LOW
0.1605 JOD
YEARLY AVERAGE
0.1705 JOD

2021 RON to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RON to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1796. Conversely, the yearly low was recorded on November 24, dropping to 0.1605.

This high-to-low spread represents a total annual volatility of 0.0191 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1771 to the December average rate of 0.1619, the exchange rate registered a net change of -8.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1796 was up 0.27% compared to the 2020 peak of 0.1791, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 898 JOD
2020 Average 837 JOD
Yearly Trough Low 802 JOD
Transaction Impact: A difference of 95.63 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1786
0.1604
JanuMarcMayJulySeptNove

RON 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 0.1743, compared to 0.1667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.1743
H2 Avg (Jul–Dec) 0.1667

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0069 JOD (High: 0.1757 / Low: 0.1689). On the other end, July was the most stable month, with a tight range of 0.0019 JOD (High: 0.1713 / Low: 0.1694).

March Spread (Volatile) ±0.0069
July Spread (Stable) ±0.0019

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 February and March, when the average rate fell by 0.0033 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1771) against the same month in 2020 (average: 0.1647), the exchange rate shifted by +0.0124 (+7.52%).

2021 Avg (January) 0.1771
2020 Avg (January) 0.1647

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1796 0.1756 0.1771
February 0.1770 0.1740 0.1759
March 0.1757 0.1689 0.1726
April 0.1746 0.1695 0.1723
May 0.1764 0.1728 0.1749
June 0.1761 0.1706 0.1733
July 0.1713 0.1694 0.1703
August 0.1712 0.1679 0.1695
September 0.1704 0.1658 0.1687
October 0.1674 0.1651 0.1662
November 0.1664 0.1605 0.1634
December 0.1630 0.1610 0.1619