YEARLY HIGH
2.5149 MRO
YEARLY LOW
0.0065 MRO
YEARLY AVERAGE
2.3154 MRO

2021 JMD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.5149. Conversely, the yearly low was recorded on December 29, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 2.5084 MRO. From a start-to-finish perspective, comparing the January average rate of 2.4763 to the December average rate of 1.6405, the exchange rate registered a net change of -33.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5149 was down 7.72% compared to the 2020 peak of 2.7253, 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 12,574 MRO
2020 Average 12,588 MRO
Yearly Trough Low 32 MRO
Transaction Impact: A difference of 12,541.99 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5598
1.5569
JanuMarcMayJulySeptNove

JMD to MRO 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 2.4042, compared to 2.2265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1777 points.

H1 Avg (Jan–Jun) 2.4042
H2 Avg (Jul–Dec) 2.2265

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.3165 MRO (High: 2.3229 / Low: 0.0065). On the other end, November was the most stable month, with a tight range of 0.0227 MRO (High: 2.3097 / Low: 2.2870).

December Spread (Volatile) ±2.3165
November Spread (Stable) ±0.0227

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 November and December, when the average rate fell by 0.6560 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.4763) against the same month in 2020 (average: 2.6542), the exchange rate shifted by -0.1779 (-6.70%).

2021 Avg (January) 2.4763
2020 Avg (January) 2.6542

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5149 2.4385 2.4763
February 2.4334 2.3570 2.3835
March 2.4582 2.3628 2.4220
April 2.4496 2.3187 2.3878
May 2.3988 2.3152 2.3690
June 2.4075 2.3726 2.3867
July 2.4008 2.2972 2.3366
August 2.3592 2.3022 2.3199
September 2.4226 2.3565 2.3900
October 2.4400 2.3116 2.3757
November 2.3097 2.2870 2.2965
December 2.3229 0.0065 1.6405