2021 JMD to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 JMD to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the JMD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 8.0952. Conversely, the yearly low was recorded on April 28, dropping to 7.2072.
This high-to-low spread represents a total annual volatility of 0.8880 KRW. From a start-to-finish perspective, comparing the January average rate of 7.6281 to the December average rate of 7.6719, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 8.0952 was down 13.62% compared to the 2020 peak of 9.3716, 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 KRW 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 7.5260, compared to 7.6761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1501 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 0.5401 KRW (High: 7.7473 / Low: 7.2072). On the other end, January was the most stable month, with a tight range of 0.1363 KRW (High: 7.6895 / Low: 7.5532).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2359 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 7.8672) against the same month in 2020 (average: 7.9232), the exchange rate shifted by -0.0559 (-0.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.6895 | 7.5532 | 7.6281 |
| February | 7.6163 | 7.3106 | 7.4242 |
| March | 7.8050 | 7.3123 | 7.6682 |
| April | 7.7473 | 7.2072 | 7.4838 |
| May | 7.5580 | 7.2487 | 7.4446 |
| June | 7.5666 | 7.4261 | 7.5069 |
| July | 7.6527 | 7.3738 | 7.4913 |
| August | 7.6952 | 7.3875 | 7.5421 |
| September | 8.0346 | 7.6363 | 7.8528 |
| October | 8.0952 | 7.5654 | 7.8672 |
| November | 7.7352 | 7.5781 | 7.6313 |
| December | 7.7433 | 7.5622 | 7.6719 |