YEARLY HIGH
0.0528 JOD
YEARLY LOW
0.0436 JOD
YEARLY AVERAGE
0.0480 JOD

2021 ZAR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.0528. Conversely, the yearly low was recorded on November 27, dropping to 0.0436.

This high-to-low spread represents a total annual volatility of 0.0093 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0469 to the December average rate of 0.0447, the exchange rate registered a net change of -4.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0528 was up 4.36% compared to the 2020 peak of 0.0506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 2,641 JOD
2020 Average 2,166 JOD
Yearly Trough Low 2,178 JOD
Transaction Impact: A difference of 462.51 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0516
0.0440
JanuMarcMayJulySeptNove

ZAR 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 0.0488, 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 0.0016 points.

H1 Avg (Jan–Jun) 0.0488
H2 Avg (Jul–Dec) 0.0472

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0040 JOD (High: 0.0475 / Low: 0.0436). On the other end, December was the most stable month, with a tight range of 0.0017 JOD (High: 0.0456 / Low: 0.0439).

November Spread (Volatile) ±0.0040
December Spread (Stable) ±0.0017

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 October and November, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0509) against the same month in 2020 (average: 0.0414), the exchange rate shifted by +0.0095 (+22.99%).

2021 Avg (June) 0.0509
2020 Avg (June) 0.0414

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0484 0.0457 0.0469
February 0.0491 0.0469 0.0480
March 0.0484 0.0456 0.0473
April 0.0500 0.0484 0.0492
May 0.0517 0.0489 0.0505
June 0.0528 0.0494 0.0509
July 0.0500 0.0478 0.0489
August 0.0495 0.0463 0.0479
September 0.0501 0.0467 0.0487
October 0.0492 0.0465 0.0477
November 0.0475 0.0436 0.0456
December 0.0456 0.0439 0.0447