2021 JMD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 JMD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the JMD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 100.0570. Conversely, the yearly low was recorded on November 13, dropping to 91.1421.
This high-to-low spread represents a total annual volatility of 8.9149 IDR. From a start-to-finish perspective, comparing the January average rate of 97.5290 to the December average rate of 92.7849, the exchange rate registered a net change of -4.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 100.0570 was down 20.67% compared to the 2020 peak of 126.1299, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
JMD to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 96.2131, compared to 93.8359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3772 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 5.8458 IDR (High: 97.7877 / Low: 91.9419). On the other end, December was the most stable month, with a tight range of 1.5134 IDR (High: 93.5851 / Low: 92.0717).
Growth Streaks & Declines
TrendsNo 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 3.6829 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 97.6559) against the same month in 2020 (average: 112.2477), the exchange rate shifted by -14.5917 (-13.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 99.4162 | 95.8490 | 97.5290 |
| February | 95.6020 | 92.7038 | 93.8460 |
| March | 100.0570 | 94.5187 | 97.6559 |
| April | 99.6760 | 93.9172 | 97.2605 |
| May | 96.3111 | 93.0164 | 94.9883 |
| June | 97.0745 | 94.6929 | 95.9990 |
| July | 97.7332 | 93.0650 | 94.9320 |
| August | 94.8915 | 92.6159 | 93.4799 |
| September | 97.1403 | 94.0339 | 95.4646 |
| October | 97.7877 | 91.9419 | 94.4469 |
| November | 93.0748 | 91.1421 | 91.9069 |
| December | 93.5851 | 92.0717 | 92.7849 |