YEARLY HIGH
0.0229 ILS
YEARLY LOW
0.0197 ILS
YEARLY AVERAGE
0.0215 ILS

2021 JMD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0229. Conversely, the yearly low was recorded on November 17, dropping to 0.0197.

This high-to-low spread represents a total annual volatility of 0.0032 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0224 to the December average rate of 0.0203, the exchange rate registered a net change of -9.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0229 was down 19.03% compared to the 2020 peak of 0.0283, 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 115 ILS
2020 Average 121 ILS
Yearly Trough Low 99 ILS
Transaction Impact: A difference of 15.98 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0227
0.0198
JanuMarcMayJulySeptNove

JMD to ILS 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 0.0220, compared to 0.0209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0220
H2 Avg (Jul–Dec) 0.0209

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0018 ILS (High: 0.0229 / Low: 0.0211). On the other end, June was the most stable month, with a tight range of 0.0004 ILS (High: 0.0220 / Low: 0.0215).

April Spread (Volatile) ±0.0018
June Spread (Stable) ±0.0004

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 October and November, when the average rate fell by 0.0013 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0225) against the same month in 2020 (average: 0.0266), the exchange rate shifted by -0.0040 (-15.25%).

2021 Avg (March) 0.0225
2020 Avg (March) 0.0266

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0228 0.0219 0.0224
February 0.0225 0.0216 0.0219
March 0.0229 0.0219 0.0225
April 0.0229 0.0211 0.0219
May 0.0218 0.0210 0.0216
June 0.0220 0.0215 0.0218
July 0.0220 0.0208 0.0214
August 0.0212 0.0208 0.0210
September 0.0219 0.0212 0.0215
October 0.0220 0.0205 0.0214
November 0.0205 0.0197 0.0201
December 0.0206 0.0200 0.0203