YEARLY HIGH
216.4747 JMD
YEARLY LOW
193.2293 JMD
YEARLY AVERAGE
207.1988 JMD

2021 FKP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 216.4747. Conversely, the yearly low was recorded on January 4, dropping to 193.2293.

This high-to-low spread represents a total annual volatility of 23.2454 JMD. From a start-to-finish perspective, comparing the January average rate of 196.7067 to the December average rate of 205.4645, the exchange rate registered a net change of 4.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 216.4747 was up 8.33% compared to the 2020 peak of 199.8204, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,082,374 JMD
2020 Average 911,531 JMD
Yearly Trough Low 966,146 JMD
Transaction Impact: A difference of 116,227.23 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

213.8578
195.1475
JanuMarcMayJulySeptNove

FKP 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 206.2494, compared to 208.1483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8989 points.

H1 Avg (Jan–Jun) 206.2494
H2 Avg (Jul–Dec) 208.1483

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 14.5693 JMD (High: 213.1176 / Low: 198.5483). On the other end, May was the most stable month, with a tight range of 3.5922 JMD (High: 214.1446 / Low: 210.5523).

October Spread (Volatile) ±14.5693
May Spread (Stable) ±3.5922

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 August and September, when the average rate fell by 7.0060 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 211.1300) against the same month in 2020 (average: 181.3850), the exchange rate shifted by +29.7449 (+16.40%).

2021 Avg (July) 211.1300
2020 Avg (July) 181.3850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 200.5864 193.2293 196.7067
February 214.2765 200.4074 207.8336
March 210.0665 199.7185 204.3002
April 214.8704 200.8281 206.9164
May 214.1446 210.5523 212.1427
June 211.8076 207.2086 209.5968
July 216.4747 205.6662 211.1300
August 215.5269 208.1065 212.2986
September 209.6112 198.6887 205.2925
October 213.1176 198.5483 205.7217
November 212.1623 206.7696 208.9827
December 208.3804 203.3237 205.4645