2021 JMD to INR Historical Review

YEARLY HIGH

0.5153 INR

YEARLY LOW

0.4761 INR

YEARLY AVERAGE

0.4909 INR

2021 JMD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.5153. Conversely, the yearly low was recorded on November 8, dropping to 0.4761.

This high-to-low spread represents a total annual volatility of 0.0391 INR. From a start-to-finish perspective, comparing the January average rate of 0.5071 to the December average rate of 0.4885, the exchange rate registered a net change of -3.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5153 was down 9.83% compared to the 2020 peak of 0.5714, 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 2,576 INR

2020 Average 2,614 INR

Yearly Trough Low 2,381 INR

Transaction Impact: A difference of 195.56 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5099

0.4763

JanuMarcMayJulySeptNove

JMD to INR 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 0.4939, compared to 0.4880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.4939

H2 Avg (Jul–Dec) 0.4880

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0266 INR (High: 0.5091 / Low: 0.4825). On the other end, August was the most stable month, with a tight range of 0.0079 INR (High: 0.4866 / Low: 0.4787).

April Spread (Volatile) ±0.0266

August Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between February and April, 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 0.0209 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5071) against the same month in 2020 (average: 0.5299), the exchange rate shifted by -0.0227 (-4.29%).

2021 Avg (January) 0.5071

2020 Avg (January) 0.5299

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5153	0.4980	0.5071
February	0.4984	0.4780	0.4863
March	0.5050	0.4843	0.4938
April	0.5091	0.4825	0.4981
May	0.4890	0.4805	0.4857
June	0.4963	0.4876	0.4922
July	0.5009	0.4787	0.4877
August	0.4866	0.4787	0.4816
September	0.5034	0.4821	0.4927
October	0.5101	0.4843	0.4986
November	0.4841	0.4761	0.4791
December	0.4946	0.4818	0.4885