2021 CAD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CAD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CAD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 125.5693. Conversely, the yearly low was recorded on January 4, dropping to 111.4001.
This high-to-low spread represents a total annual volatility of 14.1692 JMD. From a start-to-finish perspective, comparing the January average rate of 113.2821 to the December average rate of 120.6134, the exchange rate registered a net change of 6.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 125.5693 was up 9.80% compared to the 2020 peak of 114.3642, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
CAD to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 119.1188, compared to 121.2074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0886 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 9.2971 JMD (High: 125.1395 / Low: 115.8424). On the other end, May was the most stable month, with a tight range of 2.4846 JMD (High: 125.5693 / Low: 123.0847).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 4.2043 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 124.2811) against the same month in 2020 (average: 103.1403), the exchange rate shifted by +21.1408 (+20.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 114.9570 | 111.4001 | 113.2821 |
| February | 121.0447 | 114.1765 | 117.9775 |
| March | 119.4015 | 115.1476 | 117.2649 |
| April | 125.1395 | 115.8424 | 119.6239 |
| May | 125.5693 | 123.0847 | 124.2811 |
| June | 123.5641 | 120.6873 | 122.2832 |
| July | 124.5146 | 119.6342 | 122.1564 |
| August | 124.3688 | 119.8122 | 122.1277 |
| September | 120.6791 | 115.5966 | 117.9234 |
| October | 125.0643 | 115.8751 | 120.8219 |
| November | 125.1619 | 121.7427 | 123.6015 |
| December | 122.6032 | 118.9921 | 120.6134 |