YEARLY HIGH
186.8285 JMD
YEARLY LOW
169.8215 JMD
YEARLY AVERAGE
178.1558 JMD

2021 EUR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 186.8285. Conversely, the yearly low was recorded on October 3, dropping to 169.8215.

This high-to-low spread represents a total annual volatility of 17.0070 JMD. From a start-to-finish perspective, comparing the January average rate of 175.4172 to the December average rate of 174.5414, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 186.8285 was up 4.57% compared to the 2020 peak of 178.6574, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 934,143 JMD
2020 Average 811,249 JMD
Yearly Trough Low 849,108 JMD
Transaction Impact: A difference of 85,034.95 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

183.9278
173.4448
JanuMarcMayJulySeptNove

EUR 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 178.9989, compared to 177.3128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6860 points.

H1 Avg (Jan–Jun) 178.9989
H2 Avg (Jul–Dec) 177.3128

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 15.1723 JMD (High: 186.8285 / Low: 171.6562). On the other end, December was the most stable month, with a tight range of 2.8405 JMD (High: 175.9513 / Low: 173.1108).

April Spread (Volatile) ±15.1723
December Spread (Stable) ±2.8405

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 5.7286 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.7286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 178.9068) against the same month in 2020 (average: 149.4831), the exchange rate shifted by +29.4237 (+19.68%).

2021 Avg (April) 178.9068
2020 Avg (April) 149.4831

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 177.6640 173.4098 175.4172
February 184.3318 176.6010 181.1610
March 181.9302 170.4969 175.4324
April 186.8285 171.6562 178.9068
May 185.4501 181.4088 183.0542
June 182.3941 177.6924 180.0216
July 184.3481 176.2950 180.7386
August 184.0098 178.7146 181.1303
September 179.8835 170.7293 175.8586
October 180.4174 169.8215 174.3184
November 179.9503 174.8798 177.2896
December 175.9513 173.1108 174.5414