YEARLY HIGH
0.0090 CAD
YEARLY LOW
0.0080 CAD
YEARLY AVERAGE
0.0083 CAD

2021 JMD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0090. Conversely, the yearly low was recorded on May 2, dropping to 0.0080.

This high-to-low spread represents a total annual volatility of 0.0010 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0083, the exchange rate registered a net change of -6.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0090 was down 16.55% compared to the 2020 peak of 0.0108, 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 45 CAD
2020 Average 47 CAD
Yearly Trough Low 40 CAD
Transaction Impact: A difference of 5.06 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0089
0.0080
JanuMarcMayJulySeptNove

JMD to CAD 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 0.0084, compared to 0.0083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0084
H2 Avg (Jul–Dec) 0.0083

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0006 CAD (High: 0.0086 / Low: 0.0080). On the other end, May was the most stable month, with a tight range of 0.0002 CAD (High: 0.0081 / Low: 0.0080).

April Spread (Volatile) ±0.0006
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and September, 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 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0088) against the same month in 2020 (average: 0.0097), the exchange rate shifted by -0.0009 (-9.20%).

2021 Avg (January) 0.0088
2020 Avg (January) 0.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0090 0.0087 0.0088
February 0.0088 0.0083 0.0085
March 0.0087 0.0084 0.0085
April 0.0086 0.0080 0.0084
May 0.0081 0.0080 0.0080
June 0.0083 0.0081 0.0082
July 0.0084 0.0080 0.0082
August 0.0083 0.0080 0.0082
September 0.0087 0.0083 0.0085
October 0.0086 0.0080 0.0083
November 0.0082 0.0080 0.0081
December 0.0084 0.0082 0.0083