2021 JMD to NOK Historical Review

YEARLY HIGH

0.0604 NOK

YEARLY LOW

0.0531 NOK

YEARLY AVERAGE

0.0571 NOK

2021 JMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0604. Conversely, the yearly low was recorded on April 28, dropping to 0.0531.

This high-to-low spread represents a total annual volatility of 0.0073 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0591 to the December average rate of 0.0581, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0604 was down 30.87% compared to the 2020 peak of 0.0873, 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 302 NOK

2020 Average 332 NOK

Yearly Trough Low 265 NOK

Transaction Impact: A difference of 36.45 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0595

0.0547

JanuMarcMayJulySeptNove

JMD to NOK 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 0.0569, compared to 0.0573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0569

H2 Avg (Jul–Dec) 0.0573

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0054 NOK (High: 0.0585 / Low: 0.0531). On the other end, August was the most stable month, with a tight range of 0.0018 NOK (High: 0.0588 / Low: 0.0569).

April Spread (Volatile) ±0.0054

August Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0591) against the same month in 2020 (average: 0.0665), the exchange rate shifted by -0.0074 (-11.08%).

2021 Avg (January) 0.0591

2020 Avg (January) 0.0665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0604	0.0580	0.0591
February	0.0586	0.0553	0.0568
March	0.0595	0.0563	0.0578
April	0.0585	0.0531	0.0562
May	0.0562	0.0540	0.0551
June	0.0577	0.0553	0.0564
July	0.0586	0.0563	0.0574
August	0.0588	0.0569	0.0575
September	0.0593	0.0571	0.0580
October	0.0589	0.0540	0.0563
November	0.0583	0.0545	0.0564
December	0.0592	0.0570	0.0581