YEARLY HIGH
1.3734 LKR
YEARLY LOW
1.2618 LKR
YEARLY AVERAGE
1.3174 LKR

2021 JMD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 1.3734. Conversely, the yearly low was recorded on April 29, dropping to 1.2618.

This high-to-low spread represents a total annual volatility of 0.1116 LKR. From a start-to-finish perspective, comparing the January average rate of 1.3280 to the December average rate of 1.3114, the exchange rate registered a net change of -1.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3734 was down 4.06% compared to the 2020 peak of 1.4315, 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 6,867 LKR
2020 Average 6,538 LKR
Yearly Trough Low 6,309 LKR
Transaction Impact: A difference of 558.10 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3431
1.2924
JanuMarcMayJulySeptNove

JMD to LKR 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 1.3208, compared to 1.3141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 1.3208
H2 Avg (Jul–Dec) 1.3141

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1116 LKR (High: 1.3734 / Low: 1.2618). On the other end, November was the most stable month, with a tight range of 0.0120 LKR (High: 1.3066 / Low: 1.2946).

April Spread (Volatile) ±0.1116
November Spread (Stable) ±0.0120

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 0.0364 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.3224) against the same month in 2020 (average: 1.3937), the exchange rate shifted by -0.0713 (-5.12%).

2021 Avg (April) 1.3224
2020 Avg (April) 1.3937

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3619 1.2955 1.3280
February 1.3222 1.2779 1.2990
March 1.3701 1.2901 1.3389
April 1.3734 1.2618 1.3224
May 1.3393 1.2804 1.3095
June 1.3347 1.3162 1.3268
July 1.3374 1.2806 1.3036
August 1.3176 1.2864 1.2966
September 1.3574 1.3172 1.3371
October 1.3649 1.3059 1.3361
November 1.3066 1.2946 1.2998
December 1.3226 1.2992 1.3114