YEARLY HIGH
0.0256 QAR
YEARLY LOW
0.0233 QAR
YEARLY AVERAGE
0.0242 QAR

2021 JMD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0256. Conversely, the yearly low was recorded on November 24, dropping to 0.0233.

This high-to-low spread represents a total annual volatility of 0.0023 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0253 to the December average rate of 0.0236, the exchange rate registered a net change of -6.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0256 was down 7.72% compared to the 2020 peak of 0.0278, 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 128 QAR
2020 Average 128 QAR
Yearly Trough Low 117 QAR
Transaction Impact: A difference of 11.62 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0254
0.0232
JanuMarcMayJulySeptNove

JMD to QAR 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 0.0245, compared to 0.0239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0245
H2 Avg (Jul–Dec) 0.0239

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0013 QAR (High: 0.0250 / Low: 0.0236). On the other end, November was the most stable month, with a tight range of 0.0002 QAR (High: 0.0236 / Low: 0.0233).

April Spread (Volatile) ±0.0013
November Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0253) against the same month in 2020 (average: 0.0271), the exchange rate shifted by -0.0018 (-6.67%).

2021 Avg (January) 0.0253
2020 Avg (January) 0.0271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0256 0.0249 0.0253
February 0.0248 0.0240 0.0243
March 0.0251 0.0241 0.0247
April 0.0250 0.0236 0.0243
May 0.0245 0.0236 0.0242
June 0.0246 0.0242 0.0244
July 0.0247 0.0234 0.0239
August 0.0244 0.0235 0.0238
September 0.0247 0.0241 0.0244
October 0.0249 0.0236 0.0242
November 0.0236 0.0233 0.0234
December 0.0237 0.0234 0.0236