YEARLY HIGH
0.2309 JOD
YEARLY LOW
0.2050 JOD
YEARLY AVERAGE
0.2206 JOD

2021 GEL to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.2309. Conversely, the yearly low was recorded on May 2, dropping to 0.2050.

This high-to-low spread represents a total annual volatility of 0.0259 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2146 to the December average rate of 0.2289, the exchange rate registered a net change of 6.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2309 was down 9.45% compared to the 2020 peak of 0.2550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,155 JOD
2020 Average 1,142 JOD
Yearly Trough Low 1,025 JOD
Transaction Impact: A difference of 129.72 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2312
0.2042
JanuMarcMayJulySeptNove

GEL 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 0.2138, compared to 0.2275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.2138
H2 Avg (Jul–Dec) 0.2275

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0125 JOD (High: 0.2175 / Low: 0.2050). On the other end, September was the most stable month, with a tight range of 0.0009 JOD (High: 0.2287 / Low: 0.2278).

May Spread (Volatile) ±0.0125
September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0061 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2289) against the same month in 2020 (average: 0.2152), the exchange rate shifted by +0.0137 (+6.37%).

2021 Avg (December) 0.2289
2020 Avg (December) 0.2152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2161 0.2139 0.2146
February 0.2152 0.2126 0.2139
March 0.2136 0.2079 0.2125
April 0.2084 0.2050 0.2064
May 0.2175 0.2050 0.2103
June 0.2283 0.2175 0.2248
July 0.2306 0.2240 0.2271
August 0.2306 0.2272 0.2287
September 0.2287 0.2278 0.2281
October 0.2280 0.2251 0.2263
November 0.2291 0.2240 0.2261
December 0.2309 0.2269 0.2289