YEARLY HIGH
0.0525 JOD
YEARLY LOW
0.0436 JOD
YEARLY AVERAGE
0.0480 JOD

2021 NAD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0525. Conversely, the yearly low was recorded on November 28, dropping to 0.0436.

This high-to-low spread represents a total annual volatility of 0.0089 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0470 to the December average rate of 0.0446, the exchange rate registered a net change of -5.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0525 was up 3.82% compared to the 2020 peak of 0.0506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 263 JOD
2020 Average 216 JOD
Yearly Trough Low 218 JOD
Transaction Impact: A difference of 44.67 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0519
0.0439
JanuMarcMayJulySeptNove

NAD 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 0.0489, compared to 0.0472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0489
H2 Avg (Jul–Dec) 0.0472

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0057 JOD (High: 0.0493 / Low: 0.0436). On the other end, April was the most stable month, with a tight range of 0.0015 JOD (High: 0.0498 / Low: 0.0483).

November Spread (Volatile) ±0.0057
April Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0512) against the same month in 2020 (average: 0.0414), the exchange rate shifted by +0.0098 (+23.69%).

2021 Avg (June) 0.0512
2020 Avg (June) 0.0414

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0486 0.0458 0.0470
February 0.0488 0.0470 0.0481
March 0.0482 0.0456 0.0473
April 0.0498 0.0483 0.0490
May 0.0515 0.0490 0.0505
June 0.0525 0.0495 0.0512
July 0.0497 0.0477 0.0488
August 0.0493 0.0463 0.0483
September 0.0496 0.0469 0.0478
October 0.0491 0.0469 0.0477
November 0.0493 0.0436 0.0459
December 0.0457 0.0437 0.0446