YEARLY HIGH
30.9042 MXN
YEARLY LOW
27.6268 MXN
YEARLY AVERAGE
28.6116 MXN

2021 JOD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 30.9042. Conversely, the yearly low was recorded on January 20, dropping to 27.6268.

This high-to-low spread represents a total annual volatility of 3.2774 MXN. From a start-to-finish perspective, comparing the January average rate of 28.1671 to the December average rate of 29.4712, the exchange rate registered a net change of 4.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 30.9042 was down 13.49% compared to the 2020 peak of 35.7234, 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 154,521 MXN
2020 Average 151,543 MXN
Yearly Trough Low 138,134 MXN
Transaction Impact: A difference of 16,387.20 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

29.6044
28.0054
JanuMarcMayJulySeptNove

JOD to MXN 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 28.4730, compared to 28.7503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2773 points.

H1 Avg (Jan–Jun) 28.4730
H2 Avg (Jul–Dec) 28.7503

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 2.2397 MXN (High: 30.9042 / Low: 28.6646). On the other end, July was the most stable month, with a tight range of 0.5336 MXN (High: 28.4214 / Low: 27.8878).

November Spread (Volatile) ±2.2397
July Spread (Stable) ±0.5336

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.9995 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9995

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 29.4614) against the same month in 2020 (average: 28.7679), the exchange rate shifted by +0.6934 (+2.41%).

2021 Avg (November) 29.4614
2020 Avg (November) 28.7679

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.0429 27.6268 28.1671
February 29.5157 28.1202 28.6445
March 30.3237 28.7217 29.2935
April 28.6526 27.9512 28.2939
May 28.5688 27.8945 28.1699
June 29.1602 27.7938 28.2688
July 28.4214 27.8878 28.1386
August 28.7510 28.0292 28.3263
September 29.0993 28.0106 28.2554
October 29.4251 28.4468 28.8486
November 30.9042 28.6646 29.4614
December 30.2971 28.8612 29.4712