YEARLY HIGH
1.9848 JMD
YEARLY LOW
1.3066 JMD
YEARLY AVERAGE
1.8183 JMD

2021 AFN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 1.9848. Conversely, the yearly low was recorded on December 15, dropping to 1.3066.

This high-to-low spread represents a total annual volatility of 0.6782 JMD. From a start-to-finish perspective, comparing the January average rate of 1.8647 to the December average rate of 1.5187, the exchange rate registered a net change of -18.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.9848 was up 1.44% compared to the 2020 peak of 1.9565, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,924 JMD
2020 Average 9,237 JMD
Yearly Trough Low 6,533 JMD
Transaction Impact: A difference of 3,391.15 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.9792
1.4768
JanuMarcMayJulySeptNove

AFN to JMD 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 1.9113, compared to 1.7253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1860 points.

H1 Avg (Jan–Jun) 1.9113
H2 Avg (Jul–Dec) 1.7253

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.3133 JMD (High: 1.6198 / Low: 1.3066). On the other end, June was the most stable month, with a tight range of 0.0319 JMD (High: 1.9168 / Low: 1.8848).

December Spread (Volatile) ±0.3133
June Spread (Stable) ±0.0319

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.1582 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1.9374) against the same month in 2020 (average: 1.8867), the exchange rate shifted by +0.0506 (+2.68%).

2021 Avg (May) 1.9374
2020 Avg (May) 1.8867

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8958 1.8331 1.8647
February 1.9614 1.8993 1.9372
March 1.9508 1.8748 1.9031
April 1.9820 1.8625 1.9244
May 1.9848 1.8916 1.9374
June 1.9168 1.8848 1.9009
July 1.9480 1.8311 1.9107
August 1.9428 1.7599 1.8536
September 1.7773 1.6724 1.7235
October 1.7018 1.6313 1.6685
November 1.7122 1.6165 1.6768
December 1.6198 1.3066 1.5187