YEARLY HIGH
0.0052 GBP
YEARLY LOW
0.0046 GBP
YEARLY AVERAGE
0.0048 GBP

2021 JMD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0052. Conversely, the yearly low was recorded on July 29, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0006 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0049, the exchange rate registered a net change of -4.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0052 was down 19.49% compared to the 2020 peak of 0.0064, 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 26 GBP
2020 Average 28 GBP
Yearly Trough Low 23 GBP
Transaction Impact: A difference of 2.78 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0051
0.0047
JanuMarcMayJulySeptNove

JMD to GBP 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 0.0049, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0049
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0003 GBP (High: 0.0050 / Low: 0.0047). On the other end, May was the most stable month, with a tight range of 0.0001 GBP (High: 0.0047 / Low: 0.0047).

October Spread (Volatile) ±0.0003
May Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0051) against the same month in 2020 (average: 0.0057), the exchange rate shifted by -0.0006 (-10.58%).

2021 Avg (January) 0.0051
2020 Avg (January) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0052 0.0050 0.0051
February 0.0050 0.0047 0.0048
March 0.0050 0.0048 0.0049
April 0.0050 0.0047 0.0048
May 0.0047 0.0047 0.0047
June 0.0048 0.0047 0.0048
July 0.0049 0.0046 0.0047
August 0.0048 0.0046 0.0047
September 0.0050 0.0048 0.0049
October 0.0050 0.0047 0.0049
November 0.0048 0.0047 0.0048
December 0.0049 0.0048 0.0049