YEARLY HIGH
0.0869 JOD
YEARLY LOW
0.0773 JOD
YEARLY AVERAGE
0.0827 JOD

2021 SEK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0869. Conversely, the yearly low was recorded on December 18, dropping to 0.0773.

This high-to-low spread represents a total annual volatility of 0.0096 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0854 to the December average rate of 0.0780, the exchange rate registered a net change of -8.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0869 was up 0.48% compared to the 2020 peak of 0.0865, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 434 JOD
2020 Average 386 JOD
Yearly Trough Low 386 JOD
Transaction Impact: A difference of 47.99 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0862
0.0772
JanuMarcMayJulySeptNove

SEK 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 0.0844, compared to 0.0810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0844
H2 Avg (Jul–Dec) 0.0810

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0058 JOD (High: 0.0832 / Low: 0.0774). On the other end, December was the most stable month, with a tight range of 0.0012 JOD (High: 0.0785 / Low: 0.0773).

November Spread (Volatile) ±0.0058
December Spread (Stable) ±0.0012

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 November and December, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0854) against the same month in 2020 (average: 0.0746), the exchange rate shifted by +0.0108 (+14.48%).

2021 Avg (January) 0.0854
2020 Avg (January) 0.0746

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0869 0.0843 0.0854
February 0.0857 0.0838 0.0850
March 0.0845 0.0812 0.0830
April 0.0851 0.0813 0.0834
May 0.0858 0.0836 0.0849
June 0.0859 0.0823 0.0843
July 0.0830 0.0815 0.0822
August 0.0825 0.0805 0.0817
September 0.0829 0.0806 0.0820
October 0.0833 0.0805 0.0819
November 0.0832 0.0774 0.0802
December 0.0785 0.0773 0.0780