YEARLY HIGH
95.2693 JMD
YEARLY LOW
86.6661 JMD
YEARLY AVERAGE
91.0993 JMD

2021 BAM to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 95.2693. Conversely, the yearly low was recorded on October 3, dropping to 86.6661.

This high-to-low spread represents a total annual volatility of 8.6032 JMD. From a start-to-finish perspective, comparing the January average rate of 89.7355 to the December average rate of 89.2210, the exchange rate registered a net change of -0.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 95.2693 was up 3.72% compared to the 2020 peak of 91.8509, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 476,347 JMD
2020 Average 414,522 JMD
Yearly Trough Low 433,330 JMD
Transaction Impact: A difference of 43,016.12 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

94.0050
88.7570
JanuMarcMayJulySeptNove

BAM 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 91.5112, compared to 90.6874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8238 points.

H1 Avg (Jan–Jun) 91.5112
H2 Avg (Jul–Dec) 90.6874

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 7.7735 JMD (High: 95.2179 / Low: 87.4444). On the other end, December was the most stable month, with a tight range of 1.4944 JMD (High: 90.2016 / Low: 88.7072).

April Spread (Volatile) ±7.7735
December Spread (Stable) ±1.4944

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 February and March, when the average rate fell by 2.8907 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.8907

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 93.5677) against the same month in 2020 (average: 80.4289), the exchange rate shifted by +13.1388 (+16.34%).

2021 Avg (May) 93.5677
2020 Avg (May) 80.4289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 90.8842 88.7141 89.7355
February 94.2150 90.2735 92.5887
March 92.8419 87.2439 89.6980
April 95.2179 87.4444 91.3200
May 95.2693 92.6857 93.5677
June 93.2133 91.2866 92.1574
July 94.2120 90.2082 92.4462
August 94.3666 91.3587 92.6178
September 91.7992 87.2642 89.9799
October 91.6552 86.6661 89.1943
November 91.9104 89.4802 90.6654
December 90.2016 88.7072 89.2210