YEARLY HIGH
0.1075 TRY
YEARLY LOW
0.0462 TRY
YEARLY AVERAGE
0.0588 TRY

2021 JMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1075. Conversely, the yearly low was recorded on February 20, dropping to 0.0462.

This high-to-low spread represents a total annual volatility of 0.0613 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0513 to the December average rate of 0.0872, the exchange rate registered a net change of 69.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1075 was up 84.79% compared to the 2020 peak of 0.0582, 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 537 TRY
2020 Average 247 TRY
Yearly Trough Low 231 TRY
Transaction Impact: A difference of 306.46 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0911
0.0435
JanuMarcMayJulySeptNove

JMD to TRY 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 0.0532, compared to 0.0645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 0.0532
H2 Avg (Jul–Dec) 0.0645

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0379 TRY (High: 0.1075 / Low: 0.0696). On the other end, August was the most stable month, with a tight range of 0.0019 TRY (High: 0.0560 / Low: 0.0541).

December Spread (Volatile) ±0.0379
August Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0039 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0872) against the same month in 2020 (average: 0.0536), the exchange rate shifted by +0.0336 (+62.66%).

2021 Avg (December) 0.0872
2020 Avg (December) 0.0536

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0523 0.0497 0.0513
February 0.0492 0.0462 0.0474
March 0.0573 0.0483 0.0522
April 0.0559 0.0533 0.0547
May 0.0576 0.0538 0.0557
June 0.0587 0.0561 0.0577
July 0.0585 0.0545 0.0563
August 0.0560 0.0541 0.0551
September 0.0603 0.0547 0.0574
October 0.0636 0.0597 0.0615
November 0.0868 0.0618 0.0695
December 0.1075 0.0696 0.0872