YEARLY HIGH
12.9374 SEK
YEARLY LOW
11.5084 SEK
YEARLY AVERAGE
12.1051 SEK

2021 JOD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 12.9374. Conversely, the yearly low was recorded on January 6, dropping to 11.5084.

This high-to-low spread represents a total annual volatility of 1.4290 SEK. From a start-to-finish perspective, comparing the January average rate of 11.7076 to the December average rate of 12.8282, the exchange rate registered a net change of 9.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.9374 was down 12.24% compared to the 2020 peak of 14.7418, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,687 SEK
2020 Average 64,932 SEK
Yearly Trough Low 57,542 SEK
Transaction Impact: A difference of 7,144.97 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.9403
11.5956
JanuMarcMayJulySeptNove

JOD to SEK 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 11.8571, compared to 12.3530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4959 points.

H1 Avg (Jan–Jun) 11.8571
H2 Avg (Jul–Dec) 12.3530

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.9010 SEK (High: 12.9171 / Low: 12.0160). On the other end, December was the most stable month, with a tight range of 0.2053 SEK (High: 12.9374 / Low: 12.7321).

November Spread (Volatile) ±0.9010
December Spread (Stable) ±0.2053

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2178 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 12.8282) against the same month in 2020 (average: 11.7852), the exchange rate shifted by +1.0430 (+8.85%).

2021 Avg (December) 12.8282
2020 Avg (December) 11.7852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.8629 11.5084 11.7076
February 11.9285 11.6650 11.7650
March 12.3168 11.8279 12.0456
April 12.3037 11.7575 11.9915
May 11.9632 11.6489 11.7737
June 12.1453 11.6381 11.8593
July 12.2721 12.0412 12.1658
August 12.4265 12.1209 12.2432
September 12.4132 12.0614 12.1883
October 12.4179 12.0049 12.2182
November 12.9171 12.0160 12.4742
December 12.9374 12.7321 12.8282