YEARLY HIGH
0.1517 SCR
YEARLY LOW
0.0821 SCR
YEARLY AVERAGE
0.1077 SCR

2021 JMD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.1517. Conversely, the yearly low was recorded on November 27, dropping to 0.0821.

This high-to-low spread represents a total annual volatility of 0.0696 SCR. From a start-to-finish perspective, comparing the January average rate of 0.1473 to the December average rate of 0.0873, the exchange rate registered a net change of -40.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1517 was up 1.58% compared to the 2020 peak of 0.1493, 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 758 SCR
2020 Average 603 SCR
Yearly Trough Low 411 SCR
Transaction Impact: A difference of 347.75 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1533
0.0809
JanuMarcMayJulySeptNove

JMD to SCR 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 0.1254, compared to 0.0900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0354 points.

H1 Avg (Jan–Jun) 0.1254
H2 Avg (Jul–Dec) 0.0900

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0491 SCR (High: 0.1410 / Low: 0.0919). On the other end, March was the most stable month, with a tight range of 0.0062 SCR (High: 0.1464 / Low: 0.1402).

April Spread (Volatile) ±0.0491
March Spread (Stable) ±0.0062

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 March and April, when the average rate fell by 0.0325 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1473) against the same month in 2020 (average: 0.1016), the exchange rate shifted by +0.0457 (+44.97%).

2021 Avg (January) 0.1473
2020 Avg (January) 0.1016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1517 0.1448 0.1473
February 0.1445 0.1378 0.1414
March 0.1464 0.1402 0.1436
April 0.1410 0.0919 0.1111
May 0.1109 0.0960 0.1047
June 0.1112 0.0976 0.1042
July 0.1073 0.0875 0.0968
August 0.0994 0.0836 0.0892
September 0.0949 0.0856 0.0879
October 0.0983 0.0832 0.0920
November 0.0960 0.0821 0.0869
December 0.0966 0.0823 0.0873