YEARLY HIGH
0.0600 SEK
YEARLY LOW
0.0541 SEK
YEARLY AVERAGE
0.0570 SEK

2021 JMD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0600. Conversely, the yearly low was recorded on April 28, dropping to 0.0541.

This high-to-low spread represents a total annual volatility of 0.0059 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0576 to the December average rate of 0.0589, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0600 was down 22.41% compared to the 2020 peak of 0.0774, 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 300 SEK
2020 Average 325 SEK
Yearly Trough Low 271 SEK
Transaction Impact: A difference of 29.51 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0593
0.0550
JanuMarcMayJulySeptNove

JMD to SEK 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 0.0566, compared to 0.0574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0566
H2 Avg (Jul–Dec) 0.0574

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0057 SEK (High: 0.0598 / Low: 0.0541). On the other end, May was the most stable month, with a tight range of 0.0012 SEK (High: 0.0558 / Low: 0.0547).

April Spread (Volatile) ±0.0057
May Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0579) against the same month in 2020 (average: 0.0728), the exchange rate shifted by -0.0148 (-20.35%).

2021 Avg (March) 0.0579
2020 Avg (March) 0.0728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0586 0.0569 0.0576
February 0.0574 0.0546 0.0557
March 0.0600 0.0557 0.0579
April 0.0598 0.0541 0.0569
May 0.0558 0.0547 0.0554
June 0.0572 0.0552 0.0562
July 0.0577 0.0552 0.0564
August 0.0573 0.0555 0.0564
September 0.0594 0.0566 0.0579
October 0.0597 0.0551 0.0577
November 0.0588 0.0551 0.0569
December 0.0596 0.0582 0.0589