2021 JMD to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 JMD to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the JMD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 3.8626. Conversely, the yearly low was recorded on April 28, dropping to 3.5110.
This high-to-low spread represents a total annual volatility of 0.3516 XOF. From a start-to-finish perspective, comparing the January average rate of 3.7396 to the December average rate of 3.7583, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 3.8626 was down 15.06% compared to the 2020 peak of 4.5473, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
JMD to XOF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.6662, compared to 3.7008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0346 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 0.3103 XOF (High: 3.8213 / Low: 3.5110). On the other end, December was the most stable month, with a tight range of 0.0612 XOF (High: 3.7892 / Low: 3.7281).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1183 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 3.7641) against the same month in 2020 (average: 3.8593), the exchange rate shifted by -0.0952 (-2.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.7827 | 3.6921 | 3.7396 |
| February | 3.7143 | 3.5586 | 3.6213 |
| March | 3.8473 | 3.6055 | 3.7405 |
| April | 3.8213 | 3.5110 | 3.6685 |
| May | 3.6159 | 3.5371 | 3.5835 |
| June | 3.6915 | 3.5964 | 3.6440 |
| July | 3.7208 | 3.5583 | 3.6300 |
| August | 3.6704 | 3.5648 | 3.6217 |
| September | 3.8421 | 3.6466 | 3.7309 |
| October | 3.8626 | 3.6358 | 3.7641 |
| November | 3.7509 | 3.6452 | 3.7003 |
| December | 3.7892 | 3.7281 | 3.7583 |