YEARLY HIGH
0.0181 JOD
YEARLY LOW
0.0161 JOD
YEARLY AVERAGE
0.0171 JOD

2021 MUR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0181. Conversely, the yearly low was recorded on December 27, dropping to 0.0161.

This high-to-low spread represents a total annual volatility of 0.0020 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0179 to the December average rate of 0.0163, the exchange rate registered a net change of -9.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0181 was down 7.40% compared to the 2020 peak of 0.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90 JOD
2020 Average 90 JOD
Yearly Trough Low 80 JOD
Transaction Impact: A difference of 9.93 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0181
0.0161
JanuMarcMayJulySeptNove

MUR 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 0.0176, compared to 0.0165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0176
H2 Avg (Jul–Dec) 0.0165

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0010 JOD (High: 0.0175 / Low: 0.0165). On the other end, January was the most stable month, with a tight range of 0.0002 JOD (High: 0.0181 / Low: 0.0178).

June Spread (Volatile) ±0.0010
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0179) against the same month in 2020 (average: 0.0194), the exchange rate shifted by -0.0014 (-7.42%).

2021 Avg (January) 0.0179
2020 Avg (January) 0.0194

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0181 0.0178 0.0179
February 0.0179 0.0177 0.0178
March 0.0178 0.0174 0.0177
April 0.0177 0.0172 0.0175
May 0.0176 0.0172 0.0175
June 0.0175 0.0165 0.0173
July 0.0167 0.0164 0.0166
August 0.0167 0.0165 0.0166
September 0.0168 0.0165 0.0167
October 0.0167 0.0163 0.0166
November 0.0165 0.0161 0.0164
December 0.0165 0.0161 0.0163