YEARLY HIGH
0.0059 EUR
YEARLY LOW
0.0054 EUR
YEARLY AVERAGE
0.0056 EUR

2021 JMD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0059. Conversely, the yearly low was recorded on April 28, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0005 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0057, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0059 was down 15.06% compared to the 2020 peak of 0.0069, 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 29 EUR
2020 Average 31 EUR
Yearly Trough Low 27 EUR
Transaction Impact: A difference of 2.68 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0058
0.0054
JanuMarcMayJulySeptNove

JMD to EUR 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 0.0056, compared to 0.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0056

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0005 EUR (High: 0.0058 / Low: 0.0054). On the other end, December was the most stable month, with a tight range of 0.0001 EUR (High: 0.0058 / Low: 0.0057).

April Spread (Volatile) ±0.0005
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, 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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.0057) against the same month in 2020 (average: 0.0059), the exchange rate shifted by -0.0001 (-2.47%).

2021 Avg (October) 0.0057
2020 Avg (October) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0058 0.0056 0.0057
February 0.0057 0.0054 0.0055
March 0.0059 0.0055 0.0057
April 0.0058 0.0054 0.0056
May 0.0055 0.0054 0.0055
June 0.0056 0.0055 0.0056
July 0.0057 0.0054 0.0055
August 0.0056 0.0054 0.0055
September 0.0059 0.0056 0.0057
October 0.0059 0.0055 0.0057
November 0.0057 0.0056 0.0056
December 0.0058 0.0057 0.0057