YEARLY HIGH
1.1668 PKR
YEARLY LOW
0.9981 PKR
YEARLY AVERAGE
1.0816 PKR

2021 JMD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.1668. Conversely, the yearly low was recorded on May 2, dropping to 0.9981.

This high-to-low spread represents a total annual volatility of 0.1687 PKR. From a start-to-finish perspective, comparing the January average rate of 1.1140 to the December average rate of 1.1501, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1668 was down 6.24% compared to the 2020 peak of 1.2443, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,834 PKR
2020 Average 5,704 PKR
Yearly Trough Low 4,990 PKR
Transaction Impact: A difference of 843.54 PKR purely based on transaction execution date.

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1.1634
1.0039
JanuMarcMayJulySeptNove

JMD to PKR 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 1.0541, compared to 1.1091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0551 points.

H1 Avg (Jan–Jun) 1.0541
H2 Avg (Jul–Dec) 1.1091

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0546 PKR (High: 1.1585 / Low: 1.1039). On the other end, June was the most stable month, with a tight range of 0.0210 PKR (High: 1.0564 / Low: 1.0354).

September Spread (Volatile) Âą0.0546
June Spread (Stable) Âą0.0210

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0498 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1.1441) against the same month in 2020 (average: 1.1275), the exchange rate shifted by +0.0166 (+1.47%).

2021 Avg (October) 1.1441
2020 Avg (October) 1.1275

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Month High Low Average
January 1.1314 1.0952 1.1140
February 1.0929 1.0462 1.0642
March 1.0732 1.0391 1.0592
April 1.0484 0.9981 1.0244
May 1.0411 0.9981 1.0172
June 1.0564 1.0354 1.0457
July 1.0627 1.0339 1.0471
August 1.1019 1.0485 1.0706
September 1.1585 1.1039 1.1278
October 1.1668 1.1146 1.1441
November 1.1339 1.0945 1.1152
December 1.1622 1.1278 1.1501