YEARLY HIGH
20627.0804 IDR
YEARLY LOW
19535.2986 IDR
YEARLY AVERAGE
20179.0542 IDR

2021 JOD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 20627.0804. Conversely, the yearly low was recorded on January 6, dropping to 19535.2986.

This high-to-low spread represents a total annual volatility of 1091.7818 IDR. From a start-to-finish perspective, comparing the January average rate of 19832.3606 to the December average rate of 20204.2839, the exchange rate registered a net change of 1.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 20627.0804 was down 13.86% compared to the 2020 peak of 23945.6982, 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 103,135,402 IDR
2020 Average 102,571,418 IDR
Yearly Trough Low 97,676,493 IDR
Transaction Impact: A difference of 5,458,908.90 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

20576.4027
19761.0084
JanuMarcMayJulySeptNove

JOD to IDR 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 20152.2474, compared to 20205.8610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 53.6136 points.

H1 Avg (Jan–Jun) 20152.2474
H2 Avg (Jul–Dec) 20205.8610

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 596.5784 IDR (High: 20219.6051 / Low: 19623.0266). On the other end, September was the most stable month, with a tight range of 191.5090 IDR (High: 20224.3300 / Low: 20032.8210).

February Spread (Volatile) ±596.5784
September Spread (Stable) ±191.5090

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 319.1949 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -319.1949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 20508.4532) against the same month in 2020 (average: 22219.0563), the exchange rate shifted by -1710.6032 (-7.70%).

2021 Avg (April) 20508.4532
2020 Avg (April) 22219.0563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20047.5212 19535.2986 19832.3606
February 20219.6051 19623.0266 19828.9580
March 20546.9676 20100.2398 20300.9161
April 20627.0804 20361.9061 20508.4532
May 20430.5360 19931.5938 20189.2583
June 20548.8011 20012.9989 20253.5380
July 20609.1678 20362.3413 20458.0750
August 20446.2623 20101.5515 20289.9121
September 20224.3300 20032.8210 20114.1161
October 20179.9567 19826.7278 20017.4688
November 20331.0296 20007.6869 20151.3100
December 20488.0113 19982.8632 20204.2839