YEARLY HIGH
0.0806 JOD
YEARLY LOW
0.0760 JOD
YEARLY AVERAGE
0.0789 JOD

2021 MAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.0806. Conversely, the yearly low was recorded on December 18, dropping to 0.0760.

This high-to-low spread represents a total annual volatility of 0.0046 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0796 to the December average rate of 0.0766, the exchange rate registered a net change of -3.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0806 was up 1.02% compared to the 2020 peak of 0.0798, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 403 JOD
2020 Average 374 JOD
Yearly Trough Low 380 JOD
Transaction Impact: A difference of 22.94 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0804
0.0763
JanuMarcMayJulySeptNove

MAD 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 0.0795, compared to 0.0783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0795
H2 Avg (Jul–Dec) 0.0783

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0017 JOD (High: 0.0783 / Low: 0.0766). On the other end, October was the most stable month, with a tight range of 0.0004 JOD (High: 0.0785 / Low: 0.0781).

November Spread (Volatile) ±0.0017
October Spread (Stable) ±0.0004

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 October and November, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.0801) against the same month in 2020 (average: 0.0720), the exchange rate shifted by +0.0081 (+11.25%).

2021 Avg (May) 0.0801
2020 Avg (May) 0.0720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0806 0.0790 0.0796
February 0.0798 0.0787 0.0793
March 0.0794 0.0781 0.0787
April 0.0799 0.0783 0.0792
May 0.0806 0.0791 0.0801
June 0.0805 0.0795 0.0800
July 0.0796 0.0790 0.0793
August 0.0797 0.0787 0.0790
September 0.0795 0.0782 0.0791
October 0.0785 0.0781 0.0783
November 0.0783 0.0766 0.0774
December 0.0770 0.0760 0.0766