YEARLY HIGH
74.6119 GMD
YEARLY LOW
71.9323 GMD
YEARLY AVERAGE
72.6608 GMD

2021 JOD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 74.6119. Conversely, the yearly low was recorded on April 14, dropping to 71.9323.

This high-to-low spread represents a total annual volatility of 2.6796 GMD. From a start-to-finish perspective, comparing the January average rate of 72.8721 to the December average rate of 74.0873, the exchange rate registered a net change of 1.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 74.6119 was up 1.99% compared to the 2020 peak of 73.1594, 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 373,060 GMD
2020 Average 363,028 GMD
Yearly Trough Low 359,661 GMD
Transaction Impact: A difference of 13,398.06 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

74.2826
71.9397
JanuMarcMayJulySeptNove

JOD to GMD 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 72.3757, compared to 72.9459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5702 points.

H1 Avg (Jan–Jun) 72.3757
H2 Avg (Jul–Dec) 72.9459

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 1.1918 GMD (High: 73.3780 / Low: 72.1862). On the other end, August was the most stable month, with a tight range of 0.1128 GMD (High: 72.1862 / Low: 72.0733).

September Spread (Volatile) ±1.1918
August Spread (Stable) ±0.1128

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3334 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.3334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 74.0873) against the same month in 2020 (average: 73.0092), the exchange rate shifted by +1.0781 (+1.48%).

2021 Avg (December) 74.0873
2020 Avg (December) 73.0092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 72.9972 72.6375 72.8721
February 72.7093 72.2849 72.5387
March 72.5670 72.2285 72.3545
April 72.2849 71.9323 72.1386
May 72.3554 72.1134 72.2151
June 72.2144 72.0733 72.1349
July 72.2308 72.0733 72.1395
August 72.1862 72.0733 72.1398
September 73.3780 72.1862 72.5399
October 73.4133 72.6375 73.1050
November 73.9422 73.3427 73.6636
December 74.6119 73.8505 74.0873