YEARLY HIGH
72.1754 GNF
YEARLY LOW
60.2779 GNF
YEARLY AVERAGE
65.4048 GNF

2021 JMD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 72.1754. Conversely, the yearly low was recorded on December 3, dropping to 60.2779.

This high-to-low spread represents a total annual volatility of 11.8976 GNF. From a start-to-finish perspective, comparing the January average rate of 70.7908 to the December average rate of 60.9740, the exchange rate registered a net change of -13.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 72.1754 was down 0.45% compared to the 2020 peak of 72.5005, 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 360,877 GNF
2020 Average 339,129 GNF
Yearly Trough Low 301,389 GNF
Transaction Impact: A difference of 59,487.75 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

71.7725
59.9923
JanuMarcMayJulySeptNove

JMD to GNF 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 67.4650, compared to 63.3445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1205 points.

H1 Avg (Jan–Jun) 67.4650
H2 Avg (Jul–Dec) 63.3445

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 4.3314 GNF (High: 68.6870 / Low: 64.3557). On the other end, June was the most stable month, with a tight range of 0.9206 GNF (High: 66.1744 / Low: 65.2538).

April Spread (Volatile) ±4.3314
June Spread (Stable) ±0.9206

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.3247 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.3247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 70.7908) against the same month in 2020 (average: 70.5179), the exchange rate shifted by +0.2729 (+0.39%).

2021 Avg (January) 70.7908
2020 Avg (January) 70.5179

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 72.1754 69.1414 70.7908
February 70.0518 66.7963 67.9121
March 69.1225 66.7144 68.3114
April 68.6870 64.3557 66.6803
May 66.1241 64.2181 65.4585
June 66.1744 65.2538 65.6371
July 65.8955 62.9424 64.1881
August 64.6502 62.9674 63.5490
September 66.3160 64.6396 65.4529
October 66.7203 62.3910 64.6139
November 62.2615 60.3567 61.2892
December 61.9888 60.2779 60.9740