YEARLY HIGH
504.0235 MRO
YEARLY LOW
1.4100 MRO
YEARLY AVERAGE
491.3889 MRO

2021 JOD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 504.0235. Conversely, the yearly low was recorded on December 31, dropping to 1.4100.

This high-to-low spread represents a total annual volatility of 502.6134 MRO. From a start-to-finish perspective, comparing the January average rate of 503.5465 to the December average rate of 357.7573, the exchange rate registered a net change of -28.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 504.0235 was down 0.00% compared to the 2020 peak of 504.0237, 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 2,520,117 MRO
2020 Average 2,517,648 MRO
Yearly Trough Low 7,050 MRO
Transaction Impact: A difference of 2,513,067.18 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

518.1865
343.1728
JanuMarcMayJulySeptNove

JOD to MRO 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 503.5373, compared to 479.2404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 24.2969 points.

H1 Avg (Jan–Jun) 503.5373
H2 Avg (Jul–Dec) 479.2404

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 502.4000 MRO (High: 503.8101 / Low: 1.4100). On the other end, November was the most stable month, with a tight range of 0.0000 MRO (High: 503.5259 / Low: 503.5259).

December Spread (Volatile) ±502.4000
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and July, 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 November and December, when the average rate fell by 145.7686 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -145.7686

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 503.6020) against the same month in 2020 (average: 503.5653), the exchange rate shifted by +0.0367 (+0.01%).

2021 Avg (February) 503.6020
2020 Avg (February) 503.5653

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 503.7390 503.5259 503.5465
February 504.0235 503.5259 503.6020
March 503.5259 503.5259 503.5259
April 503.5259 503.1710 503.5069
May 503.5259 503.3129 503.5121
June 503.6679 503.5259 503.5306
July 503.7390 503.5259 503.5465
August 503.5259 503.5259 503.5259
September 503.8812 503.5259 503.5614
October 503.5259 503.5259 503.5259
November 503.5259 503.5259 503.5259
December 503.8101 1.4100 357.7573